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JPMorgan CEO Jamie Dimon quietly reveals whether he is backing Donald Trump or Kamala Harris
2 months ago

JPMorgan CEO Jamie Dimon quietly reveals whether he is backing Donald Trump or Kamala Harris

Daily Mail  

JPMorgan Chase CEO Jamie Dimon privately backs Kamala Harris for president, a New York Times investigation has revealed. The chief executive has reportedly not made his stance known publicly Dimon felt trapped and hurt to be tied to the Trump agenda, according to the New York Times, and tried to go back on the statement by saying it reflected his …

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JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
7 months, 3 weeks ago

JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

Associated Press  

NEW YORK — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and said inflation may …

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Why are billionaires selling off shares, should you do the same?
9 months, 1 week ago

Why are billionaires selling off shares, should you do the same?

The Independent  

Wall Street is agog. They have become richer still in the last 12 months, but clearly they’re not prepared to hang around to become even wealthier. So it could be that they’ve decided, separately, that it cannot continue – they’re all well placed, with their tech-heavy businesses, to form a considered view – so they issued the “sell” order. Zuckerberg’s …

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US consumers are feeling the most optimistic since September 2021
1 year, 5 months ago

US consumers are feeling the most optimistic since September 2021

CNN  

Washington, DC CNN — Inflation’s steady slowdown in recent months has kept Americans feeling optimistic about the future. Despite the Federal Reserve’s most aggressive rate-hiking campaign in decades, which was put on hold last month, the labor market has held remarkably steady while inflation has slowed, raising the odds of a so-called soft landing — or a scenario in which …

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’Banking crisis not over,’ JPMorgan CEO on possibility of ’2008’ like recession
1 year, 8 months ago

’Banking crisis not over,’ JPMorgan CEO on possibility of ’2008’ like recession

Live Mint  

In a recent letter to shareholders, JPMorgan Chase & Co CEO Jamie Dimon expressed his concerns about the ongoing U.S. banking crisis and its potential long-term effects. "The current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come," Dimon wrote Storm clouds are still threatening the economy …

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