Jamie Dimon, the billionaire CEO of JPMorgan Chase, shares something in common with me: We both believe that a 5% target of the federal funds rate may not be enough to quash the highest inflation in 40 years.
Since dining with Holocaust deniers Nick Fuentes and the rapper formerly known as Kanye West, former President Donald Trump’s odds of a second term of the presidency, according to the betting markets, have tumbled to below those of President Joe Biden. Reigning supreme remains Ron DeSantis, the Florida governor seen as the Republican Party’s best hope to flatten Trump in a primary.