Tensions and conflicts continue to escalate around the world, from the South China Sea to Europe and the Middle East. JPMorgan CEO Jamie Dimon says the potential impact of geopolitical strife is his chief concern for the economy.
“My caution is all geopolitics, which may determine the state of the economy… [Tensions in] geopolitics [are] getting worse; they are not getting better.”
—JPMorgan CEO Jamie Dimon
How do geopolitics affect our economy, and how can consumers hedge against geopolitical risk?
Click on the video link below for exclusive executive insights on this topic from Philip N. Diehl, 35th Director of the U.S. Mint and President of U.S. Money Reserve.
Related headlines from around the web:
- Fox Business: “Social Security crisis: Beneficiaries face 21% benefit cut without reforms, says CFRB”
- The New York Times: “Global Trade Grows but Remains Vulnerable to War and Geopolitics”
- Newsweek: “Gold Price Closes In on $3,000 Milestone”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
