Tag Archives: Jamie

[unable to retrieve full-text content]Jamie Dimon is worried the US economy is headed back to the 1970s  Yahoo Finance Source link

[unable to retrieve full-text content]JPMorgan’s Jamie Dimon is worried about ‘stickier inflation and higher rates’  Yahoo Finance Source link

(Bloomberg) — Jamie Dimon says don’t be surprised if the S&P 500 loses another one-fifth of its value. While such a plunge would fray trader nerves and stress retirement accounts, history shows it wouldn’t require any major departures from past precedents to occur. Most Read from Bloomberg Judged by valuation and its impact on long-term returns, the JPMorgan Chase chief executive officer’s “easy 20%” tumble would result in a bear market that is in many regards normal. A decline… Source link

P Morgan CEO Jamie Dimon looks on during the inauguration of the new French headquarters of US’ JP Morgan bank in June 2021 in Paris.MICHEL EULER/POOL/AFP via Getty Images JPMorgan CEO Jamie Dimon spoke to some of the bank’s wealthy clients on a call Tuesday, Yahoo reported. He said there’s a 20-30% chance of a “harder recession” and equal odds of “something worse.” He described current risks as “storm clouds,” an apparent downgrade from his June warning of a “hurricane.” JPMorgan CEO Jamie… Source link

UFC on ESPN 39 produced five exciting finishes, but the promotion kept with the traditional format of issuing four post-fight bonuses. While Jamie Mullarkey and Michael Johnson couldn’t avoid the judges’ scorecards, their wild battle left a lasting impression. The first round of the fight saw both fighters rocked from heavy punches, but both men would continue to compete in a wild battle until the final horn. When it was all said and done, this main card opener set the bar high for the… Source link

LAS VEGAS – Jamie Mullarkey left UFC on ESPN 39 with the biggest win of his career, but it didn’t come without some help from the judges and a lot of shots from Michael Johnson. Mullarkey (15-5 MMA, 3-3 UFC) edged Johnson (29-18 MMA, 12-14 UFC) by split decision in their lightweight bout at the UFC Apex, taking scores of 29-28, 28-29 and 29-28 in a brutal, back-and-forth contest. The first round started with both men taking a measured approach, but then it evolved into chaos. Johnson… Source link

Jamie Dimon, the CEO of the largest U.S. bank, took another jab at bitcoin bulls on Monday, alleging that the cryptocurrency may not be limited in quantity. “I’ll just challenge the group to one other thing: how do you know it ends at 21 million? You all read the algorithms? You guys all believe that? I don’t know, I’ve always been a skeptic of stuff like that,” said the JPMorgan Chase (JPM) CEO at an Institute for International Finance event on Oct. 11. The price of bitcoin was hovering… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 8, 2021 Keep it or scrap it, Washington should stop playing chicken with the markets “…Goodness knows what the end will be; Oh, I don’t know where I’m at; It looks as if we two will never be one; Something must be done… Let’s call the whole thing off!” That old classic song, sung alternately by Fred Astaire, Billie Holiday, Ella… Source link

Sen. Mike Braun (R., Ind.) told Yahoo Finance that JPMorgan Chase CEO Jamie Dimon is “condoning a broken system” by suggesting eliminating the debt ceiling. Dimon told President Biden on Wednesday that he thinks the U.S. should “get rid” of the debt ceiling, arguing “we don’t need to have this kind of brinksmanship every couple of years.” “Jamie wouldn’t say that for his own business,” said Braun. “His board of directors would get rid of him.”  Senate leaders came to an agreement on Thursday… Source link

Jamie Dimon, the CEO of the largest U.S. bank, said Thursday that he has personal concerns with cryptocurrency, but will not steer JPMorgan Chase (JPM) away from offering crypto-related financial services. In congressional testimony to the U.S. House Financial Services Committee, Dimon was asked about his thoughts on bitcoin and other digital assets. “My own personal advice to people is: stay away from it. That does not mean the clients don’t want it,” Dimon said. “This goes back to how… Source link