Markets Now 11/29

Jamie Dimon says to be prepared for recession

JPMorgan Chase CEO Jamie Dimon issued a stark warning to Wall Street on Wednesday: Inflation could rise further and recession is not off the table.  
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Charlie Munger’s best quotes on investing, life and everything in between

Billionaire investor Charlie Munger, vice-chairman of Berkshire Hathaway and long-time friend to Warren Buffett, died on Tuesday. He was 99 years old.  
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The dollar is heading for its worst month in a year. It’s not all bad news

The US dollar is barreling toward a 3.7% loss this month against a basket of six major currencies in what would be it worst monthly performance in a year.  
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Charlie Munger mourned in China, where he said his best investment was made

The Chinese internet is mourning the passing of legendary investor Charlie Munger, vice chairman of Warren Buffett’s Berkshire Hathaway.  
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Rite Aid is closing another 30 stores

Rite Aid is closing another roughly 30 locations across the US in addition to the 100 the bankrupt chain announced last month as part of its restructuring efforts.  
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Texas woman launches first HBCU doll line

A Texas woman is bridging the toy market gap with her unique HBCU-inspired dolls. CNN affiliate WFAA reports.  
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Source: CNN Business