Jamie Dimon, CEO of JPMorgan Chase, America’s largest bank, just issued a major economic warning. In Dimon’s eyes, the economy has falsely recovered from the tariffs imposed on Liberation Day, with investors exhibiting an extraordinary amount of “complacency” in the face of mounting economic risks. If the country’s biggest bank is saying this, why aren’t Americans listening, and what should you do with your investments right now to protect yourself from more risks to come?
The Liberation Day tariffs tanked the stock market and raised serious inflation concerns almost overnight. While the stock market has recovered, inflation fears are still peaking, economic sentiment has deflated, and consumer debt is rising. Is now the time to sell and move into cash in case a recession or more serious economic downturn arrives?
Dave is breaking down the most significant economic risks we face right now, which have the biggest effects on real estate, and how he is personally managing his money to protect himself from economic risks that most investors aren’t prepared for. But what should you be doing now? Dave is sharing his “capital preservation” checklist.
In This Episode We Cover
Jamie Dimon’s major warning for the U.S. economy and the threat of “complacency”
The biggest risks facing the economy today and whether or not they can be mitigated
Why the state of the U.S. consumer is starting to seriously worry economists (and Dave)
How to protect your investments (and your wealth) during economic downturns
Why you MUST switch to “capital preservation” mode when economic cracks begin to form
And So Much More!
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Sign Up for the On the Market Newsletter
Find Investor-Friendly Lenders
On The Market 312 - Inflation Fears Soar to 1980s Levels, Consumer Sentiment Sharply Plummets
Dave's BiggerPockets Profile
Grab the Book, "Recession-Proof Real Estate Investing"
Jump to topic:
(00:00) A Major Economic Warning
(01:51) Dangerous "Complacency"
(04:14) Biggest Economic Risks
(12:21) Will the Tax Bill Help?
(14:33) Sentiment Drops, Inflation Fears Grow
(18:56) How to Protect Your Investments
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-325
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