JPM Dimon: US government should get rid of carried interest

Jamie Dimon:

• US should be taxing carry forward interest
• Not increase SALT deduction
• Says we are going to see a crack in the bond market.
• Don’t know if crisis will be in 6-months or 6-years.
• The Fed is right to give time to policy.
• The Fed has to wait and see.

This article was written by Greg Michalowski at www.forexlive.com.