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Does a Michelada Without Beer Still Taste as Sweet?

(Bloomberg Opinion) — I find myself unhappily on trend. Young people everywhere are increasingly “on the wagon” — to use the American idiom for sobriety from the 1920s, when the 18th Amendment to the US Constitution banned the production and sale of alcohol. The wagon in the expression was a public- service vehicle loaded with water to tamp…

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BLACKROCK RETIREMENT 27 1744380389318 1747993747794

Forget being in ‘sweet spot’ — JP Morgan chief Jamie Dimon warns of dangerous stagflation risk ahead for US economy

JP Morgan & Co. chief executive officer Jamie Dimon sounded a warning for the US economy, as he flagged stagflation risk amid multiple challenges like geopolitics, deficits and price pressures. Speaking at JPMorgan’s Global China Summit in Shanghai, Dimon rejected the idea that the US economy is currently in a “sweet spot.” Stagflation is an…

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