JPMorgan's Dimon Says a Soft Landing Is Still Possible

The video discusses the complexities of economic forecasting, focusing on consumer spending trends and the potential for a soft or hard economic landing. It highlights the impact of global events like the Russia-Ukraine conflict on economic predictions. The discussion also covers inflationary trends influenced by infrastructure spending, the IRA act, and changes in trade practices, emphasizing the need for the Fed to possibly take further action.

What potential actions might the Fed need to take by the fourth quarter according to the discussion?

What are some of the inflationary trends mentioned that differ from the last 20 years?