JPMorgan’s Kennedy Says Investor Sentiment ‘Cautious’

Bloomberg Markets and Finance published this video item, entitled “JPMorgan’s Kennedy Says Investor Sentiment ‘Cautious'” – below is their description.

Tom Kennedy, JPMorgan Global Wealth Management chief investment strategist, says investors are trying to hand off from inflation worries to growth worries. He speaks on “Bloomberg Markets: The Close.”

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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