Inflation is still high and that causes problems for everybody including big banks like JP Morgan. The Fed was slow in raising rates. Rates should have been raised earlier than March 2022. https://finance.yahoo.com/news/jpmorgans-dimon-says-u-interest-012212631.html
*DIMON: COMMERCIAL REAL ESTATE, OFFICE LOANS ARE AN ISSUE *DIMON: COMMERCIAL REAL ESTATE LOSSES MAY TAKE A FEW BANKS DOWN — zerohedge (@zerohedge) May 11, 2023 Regulators should look at a short-selling ban on banks, JPMorgan CEO Jamie Dimon says …
Relevant article: https://www.cnbc.com/amp/2023/04/14/jamie-dimon-warning-on-rates-it-will-undress-problems-in-the-economy.html h/t Wega58
by Martin Armstrong Democracy is under attack. JPMorgan Chase CEO Jamie Dimon , who has been bought by the World Economic Forum, believes the US government should seize private property to combat climate change. This is not an exaggeration. In his annual letter …
by Dismal-Jellyfish Sources: https://www.bloomberg.com/news/articles/2023-04-06/dimon-says-banking-crisis-has-increased-the-odds-of-a-recession https://www.cbsnews.com/news/jamie-dimon-jpmorgan-chase-ceo-shareholder-letter-banking-crisis/
by confoundedinterest17 JPMorgan Chase’s Jaime Dimon is channeling country crooners Marty Stuart and Travis Tritt by warbling “This One’s Gonna Hurt You (For A Long, Long Time).” Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal …
(ZeroHedge) JPMorgan Chase CEO Jamie Dimon will be in the hot seat, as he is expected to be deposed under oath regarding his bank’s decision to keep deceased pedophile sex-trafficker Jeffrey Epstein as a client despite public knowledge of his …
https://www.wsj.com/articles/jamie-dimon-leading-efforts-to-craft-new-first-republic-rescue-plan-a39b9bb “Big-bank CEOs are discussing a capital infusion in troubled lender that could boost confidence in financial system…The discussions, while preliminary, have focused on how the industry could arrange for an investment that would boost the bank’s capital, according to …
via Reuters (via Yahoo Finance): NEW YORK, March 9 (Reuters) – A U.S. judge on Thursday ordered JPMorgan Chase & Co to hand over more documents concerning Chief Executive Jamie Dimon to the U.S. Virgin Islands for the territory’s lawsuit …
The US economy has obstacles to overcome, though there’s still a chance for a so-called soft landing, Jamie Dimon said. “The US economy right now is doing quite well — consumers have a lot of money, they’re spending it, …
Chairman and chief executive of JP Morgan Chase Jamie Dimon shared his thoughts about crypto and bitcoin on CNBC’s Squawk Box on Thursday morning In an interview on Thursday morning on CNBC, billionaire Jamie Dimon, Chairman and chief executive of …
Jeff Bezos, Elon Musk, and Charlie Munger have flagged the risk of a US recession. Carl Icahn, Jamie Dimon, and Ken Griffin are also bracing for a painful economic downturn. Here are 12 recession warnings from top executives, investors, and …
Are the big dogs finally going to tell Larry Fink to fuck off? Also he said the President needs to cut the bullshit with asking other countries for oil. Echoing what he has said before, Jamie said this is the …
Chase CEO Jamie Dimon: "I'm a major skeptic on #crypto tokens which you call currency, like #Bitcoin. They are decentralized Ponzi schemes." Ouch. What do you think? pic.twitter.com/mdxiBQG2Xt — WallStreetPro (@wallstreetpro) September 21, 2022
He may be evil, but he isn’t wrong. JPMorgan Chase CEO Jamie Dimon is not committing to divesting from fossil fuels and shrugged off the notion as a “road to hell for America” during a House hearing. At an Oversight …
(Business Insider) JPMorgan chief executive Jamie Dimon has said China faces “serious issues” regarding its energy and food usage – and urged the US to take more of a stand against Beijing. Dimon pointed out China is far more reliant …
A day after JPMorgan CEO Jamie Dimon accelerated his anxiety level for the future from “storm clouds” on the horizon to an imminent “hurricane”, Goldman Sachs President John Waldron piled on with the pessimistic opinions. At an investor conference this …
NOW: https://twitter.com/Breaking911/status/1532097085981474818 Jamie Dimon sounds the alarm… $175 oil is coming… There are two main factors that has Dimon worried: So-called quantitative tightening, or QT, is scheduled to begin this month and will ramp up to $95 billion a month …
JP Morgan’s Jamie Dimon provided the excuse for a stock rally when he called the latest plunge “storm clouds” that “may dissipate.” Before you believe Dimon is an economic oracle, however, remember that on Jan. 11th he proclaimed, “We’re going to …
Tudor Jones says bet heavily on every inflation trade… Paul Tudor Jones said he would “go all in on the inflation trades” if the Federal Reserve is nonchalant this week regarding rising consumer prices. “I’d probably buy commodities, buy …
The progressive Senator also attacked Dimon over what he argued was “excessive” compensation. “Mr. Dimon – as CEO you make 800 or 900 times your lowest paid worker. No one thinks you work 900 times harder than a teller. How …
via CNBC: J. P. Morgan CEO Jamie Dimon points to two Americas: one that is benefiting from thriving U.S. corporations, and another that is struggling. “It is absolutely obvious that a big chunk of [people] have been left behind,” Dimon …
Dimon adds. “If you look at how the table’s set, consumers are in very good shape AC
via Michael Selby-Green JPMorgan CEO says investors should prepare for the possibility of 4% yields and increased market volatility. US borrowing could jump to $400 billion per quarter which is “a lot,” he warned. But he added that: “At the moment …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Interest rates “may go higher and faster than people expect,” the Fed may have to “sell more securities,” and “as all asset prices adjust to a new and maybe not-so-positive environment,” there’s “a risk that volatile …
