Jamie Dimon on the Economy, U.S.-China, Overseas Wars and More: Full Interview | WSJ

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The Wall Street Journal

The Wall Street Journal

Күн бұрын

JPMorgan Chase CEO Jamie Dimon discusses his concerns about the future of the economy, ‘Bidenomics,’ overseas wars, the U.S.-China relationship, AI and more in a wide-ranging interview with WSJ’s Emma Tucker.
Chapters:
0:00 U.S. consumer
3:21 U.S. economy
4:46 'Bidenomics' and the Fed
6:11 Banking crisis
7:56 Geopolitics
12:41 China
15:31 U.S. politics
19:44 Near-death experience
21:06 Leadership
22:46 AI
26:17 Brick and mortar branches
29:27 Checks and balances
33:20 Retirement and final questions
#JPMorgan #Banking #WSJ

Пікірлер: 842
@wsj
@wsj 17 күн бұрын
Local politicians impatient with Washington’s actions against Beijing are blocking Chinese land purchases, factory plans and research: on.wsj.com/4dkjXM0
@jihadifreewrold1374
@jihadifreewrold1374 16 күн бұрын
Foolish leaders without vision is the biggest threat ❤❤❤
@wewave23
@wewave23 16 күн бұрын
That's how USA will do down, while China allows Tesla to access data for his autonomous driving rollout. Great to know.
@worldadventuretravel
@worldadventuretravel 16 күн бұрын
Billionaire-owned press outlet (Jeff Bezos, if you didn't know) unironically asks billionaire financial criminal who should have been tossed in a CIA black site for his conduct leading to the crash of 2008 how the economy for everyone else is doing. Yeah. That sounds legit. And you wonder why nobody but the ignorant and aging Baby Boomers bothers with mainstream media anymore. We see you.
@rogerburn5132
@rogerburn5132 16 күн бұрын
Consumer in good shape. Yes on borowed dollars. And economy on imported goods. Jamie is. Snake oil salesman 😂
@FroggyTWrite
@FroggyTWrite 11 күн бұрын
gotta laugh when he says the consumer is okay and has extra money. tell me you don't do your own shopping without telling me you don't do your own shopping...
@biankabrodeur-yf3yl
@biankabrodeur-yf3yl 2 күн бұрын
Opinions on the market diverge; some claim overvaluation due to rapid gains, while others cite strong economic fundamentals justifying high valuations. Raises concern for my $600K equities going 8% up and 20% down. Should i hold on or sell off my positions and hold cash?
@roberttheodoregeorge
@roberttheodoregeorge 2 күн бұрын
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential.
@SageMadsen
@SageMadsen 2 күн бұрын
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@NewDimensionHQ-tv5kw
@NewDimensionHQ-tv5kw 2 күн бұрын
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@SageMadsen
@SageMadsen 2 күн бұрын
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@NewDimensionHQ-tv5kw
@NewDimensionHQ-tv5kw 2 күн бұрын
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@islaperez1151
@islaperez1151 4 сағат бұрын
If you’re not in the financial market space right now, you are making a huge mistake, I understand that it could be due to ignorance, but if you want to make your money work for you prevent inflation
@islaperez1151
@islaperez1151 4 сағат бұрын
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@user-it8bz9yc5t
@user-it8bz9yc5t 4 сағат бұрын
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@Watersbill89
@Watersbill89 3 сағат бұрын
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@lillyvazgueztk1410
@lillyvazgueztk1410 3 сағат бұрын
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@Mariacarlos11
@Mariacarlos11 3 сағат бұрын
After I raised up to 95k trading with her I bought a new House and a car here in the states also paid for my son's surgery (Oscar). Glory to God.shalom.
@micheal_mills
@micheal_mills 12 күн бұрын
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
@robert-1miller
@robert-1miller 12 күн бұрын
I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.
@donna_martins
@donna_martins 12 күн бұрын
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of… Going from $50k to $600k in my portfolio is surreal all thanks to insights from my financial advisor.
@Trevor_Morrow_LTD
@Trevor_Morrow_LTD 12 күн бұрын
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
@donna_martins
@donna_martins 12 күн бұрын
'vivian jean wilhelm' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Trevor_Morrow_LTD
@Trevor_Morrow_LTD 12 күн бұрын
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
@mingouczjcz3800
@mingouczjcz3800 17 күн бұрын
Jamie talks like a seasoned politician, rather than an economist banker.
@alanb9443
@alanb9443 17 күн бұрын
When u get to C positions ur more a politician than anything else
@_acwangpython
@_acwangpython 17 күн бұрын
Moreso like JP Morgan being so large, it IS an influence on macro economics and minute changes in geopolitics influences J.P. morgan in massive swings too, which is what Dimon seeks to avoid, hence lots of “we need stability” talks
@Urrmmomm
@Urrmmomm 17 күн бұрын
He reminds me so much of Biden :/
@Pyrrhic.
@Pyrrhic. 17 күн бұрын
Given that JPM is a massive financial institution with global operations, it’s expected for Jamie or any CEO to understand macroeconomic, geopolitics, and social issues in the world.
@tommyeschung
@tommyeschung 17 күн бұрын
Would rather have dimon then biden or trump
@RickMckee-nq4ni
@RickMckee-nq4ni 5 күн бұрын
Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. How can I profit from the present market turbulence? I'm still debating whether to sell my $125,000 ETF/Growth Stock portfolio.
@Andrian-ch3on
@Andrian-ch3on 5 күн бұрын
Concentrate on two main objectives. First, keep yourself safe by knowing when to sell stocks in order to limit losses and maximize gains. Second, get ready to benefit from market changes. I advise consulting a CFP or other professional for advice.
@debrab7844
@debrab7844 5 күн бұрын
Yes, I have been in touch with a CFP ever since the outbreak. Today, investing in hot stocks is quite easy; the difficult part is deciding when to buy and sell. With an initial starting reserve of $80k, my adviser chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@VitaliiSych
@VitaliiSych 5 күн бұрын
my 401k growth has been stagnant since the 2019. I wouldn't mind consulting the advisor who guides you, I really want to grow my retirement fund since I could retire in 3 years.
@debrab7844
@debrab7844 5 күн бұрын
That's a wise decision,. Kristin Amy Rose is a household name to many average and rich investors. I recommend her
@VitaliiSych
@VitaliiSych 5 күн бұрын
Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
@Jannie-yr4nc
@Jannie-yr4nc 10 күн бұрын
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@taylormx721
@taylormx721 9 күн бұрын
Harder for boomers/senior citizens? Are you joking?
@jplee4592
@jplee4592 9 күн бұрын
This is America, we have faced far worse on global scales. Believe in yourself and focus on improving youself, your business and our Country!
@Alpha_David
@Alpha_David 9 күн бұрын
@@taylormx721 They are bots pushing + peddling "angela" above.
@richardharringtonofficial
@richardharringtonofficial 9 күн бұрын
I think Buffett's approach to compounding stocks in the long run, ie letting your winners run, might help you, with your retirement worries but yeah I know what you mean, don't worry all things will work out in the end. The universe has your back 🙏🏽
@JeffreyGillespie
@JeffreyGillespie 9 күн бұрын
“Tougher for Boomers”, that’s a new one
@adamstokes
@adamstokes 12 күн бұрын
1:07 "The consumer is in pretty good shape right now". Huh?
@behumanbekind
@behumanbekind 9 күн бұрын
Yep. And we're still spending that Covid money. Amazing how long $1500-$2k can last...years!
@SportZFan4L1fe
@SportZFan4L1fe 8 күн бұрын
He says people are still spending money from covid. 😂 This dude is delusional lol. Covid was in 2020. We're half way through 2024.
@eddie918
@eddie918 7 күн бұрын
Yeah lost me after that sentence 🫠 Covid money was gone before it cleared my account 😂
@xretrobox4203
@xretrobox4203 6 күн бұрын
These ruling class oligarchs are so out of touch with our indentured debt servitude system that keeps americans broke royally robbing them of any real wealth!
@michalkosmita5194
@michalkosmita5194 3 күн бұрын
First ask him who the consumer is ?
@Anar130
@Anar130 16 күн бұрын
Good interview, sir. Now, could you please forgive my $34 overdraft fee?
@flutac
@flutac 15 күн бұрын
No
@alexgeezy5466
@alexgeezy5466 14 күн бұрын
All u gotta do is call them up player
@JtothaMajesty
@JtothaMajesty 14 күн бұрын
😅😅
@GregNow
@GregNow 13 күн бұрын
Just cancel yoy overdraft and wait for penalties you pay on you missed direct debits 😂
@naranjo99
@naranjo99 12 күн бұрын
If you said that with a pompous English accent, it might just work.
@marc8750
@marc8750 17 күн бұрын
Can’t tell if he was interviewing as Chase CEO or 2024 presidential candidate?
@Flipflop437
@Flipflop437 17 күн бұрын
He’s not old enough to run unfortunately.
@trappedcat3615
@trappedcat3615 17 күн бұрын
​​@@Flipflop437 now days, 70 is required 😅
@andrewlim7751
@andrewlim7751 16 күн бұрын
Alzheimer is an iron requirements, you can't run without forgetting something.
@TexasRiverRat31254
@TexasRiverRat31254 16 күн бұрын
He doesn't need to do that; we he talks the president listens to him. Presidents don't do much anymore except sign things put in front of them.
@saivamsikrishnaposani7157
@saivamsikrishnaposani7157 16 күн бұрын
2028, and he will win...
@janpierzchala2004
@janpierzchala2004 17 күн бұрын
I saw the same guy speaking as CEO of JPMorgan earlier today
@cathleenwoodul8836
@cathleenwoodul8836 17 күн бұрын
JPM Chase
@kaimurtagh
@kaimurtagh 17 күн бұрын
😂
@rogerburn5132
@rogerburn5132 16 күн бұрын
Because he is CEO of JP Morgan
@janpierzchala2004
@janpierzchala2004 16 күн бұрын
@@rogerburn5132 Here he's led Chase not JP
@kundixue3
@kundixue3 13 күн бұрын
😂 chameleons can be disgusting. It's actually an insult to true chameleon, which has a spine.
@timcasady4750
@timcasady4750 17 күн бұрын
Jamie Dimon is very knowledgeable about most everything except for how well the average middle American is doing as he paints a rosy picture that couldn’t be further from the truth but then again how would anyone expect a billionaire banker to relate to a segment of America that he doesn’t live in.
@shashwattripathi4559
@shashwattripathi4559 16 күн бұрын
I guess if you are having it bad, you are not middle class American
@jluther1755
@jluther1755 16 күн бұрын
​@@shashwattripathi4559I guess you are a JP Morgan investor and clueless about anything related to Class
@unclebuck5051
@unclebuck5051 13 күн бұрын
In other words, he's a fraud.
@helenachase5627
@helenachase5627 11 күн бұрын
They know ! They're planning their next move.
@chrisp4170
@chrisp4170 2 күн бұрын
Agree. How could a billionaire with his own plane possibly understand anything about a segment of America that he doesn't live in?
@varadkarpe3565
@varadkarpe3565 17 күн бұрын
My man lowkey sounds like a competent version of Joe Biden
@retrodripsupport7510
@retrodripsupport7510 17 күн бұрын
and he will sell you out in 2 seconds. If this propaganda fools you, you need to get your head out of the sand
@DMSparky
@DMSparky 16 күн бұрын
@@retrodripsupport7510what propaganda?
@Zordiak
@Zordiak 16 күн бұрын
@@DMSparky He has no idea what he's talking about. Just someone who hates all bankers no matter who they are. Jamie Dimon is really smart.
@DMSparky
@DMSparky 16 күн бұрын
@@Zordiak I thought everything he was talking about was pretty logical.
@oasislin4587
@oasislin4587 16 күн бұрын
@@retrodripsupport7510 crook trump not propaganda?
@glenndouglas.T
@glenndouglas.T 17 күн бұрын
A sense this guy hasnt lived down town anywhere...
@kl7296
@kl7296 16 күн бұрын
Interesting. When it comes to Israel Gaza war - he said he is not a military expert and can not comment expect for people in Israel has the right to defend themselves. When it comes to Ukraine Russian war, he became a military experts and shared strong opinions. Hmmm.
@jaredmuralt9074
@jaredmuralt9074 16 күн бұрын
Somehow this sounds very familiar to me. Wait a minute, I was zapping through the mainstream media this morning.
@jluther1755
@jluther1755 15 күн бұрын
Brought to you by AIPAC
@dallasreid7755
@dallasreid7755 7 күн бұрын
The standard US double standards on this one.
@JumpDiffusion
@JumpDiffusion 5 күн бұрын
Huh? How are these two comparable?
@chrisp4170
@chrisp4170 2 күн бұрын
No, he didn't talk about the military. He talked about geopolitics, Putin and NATO. How do you think HAMAS or Israel are a threat to any of those?
@papajohnsuk5965
@papajohnsuk5965 17 күн бұрын
"jobs are plentiful" - yes, ones with salaries that barely leave you surviving are
@coolyoutubechannel5891
@coolyoutubechannel5891 14 күн бұрын
Did you miss the part where he literally talked about the lowest 25%. Learn to listen
@Currentlyundiscovered1000
@Currentlyundiscovered1000 13 күн бұрын
Gotta work hard at developing a skill that compensates. this guy probably worked 90 hours a week under some of the highest stress situation for 25 years
@JmanHash99
@JmanHash99 12 күн бұрын
@@Currentlyundiscovered1000No he hasn’t😂 he’s a business man he’s never worked a real job a day in his life. Taking calls all day and going to meeting isn’t real work
@leorkoubi4626
@leorkoubi4626 11 күн бұрын
@@JmanHash99I am still in university, but my father is a white collar executive of a small company. I really don’t think it’s fair to ignore the challenges of those positions. For most of my life my father would be working about 80 hours a week and sitting at an office didn’t stop him from generating back problems either. White collar is not back breaking labor, but it’s real work that not everyone is suited for and that gives many many white hairs.
@Emily-ou6lq
@Emily-ou6lq 10 күн бұрын
@@JmanHash99 that's borderline antischmitty, dude!!! 🤣
@x1k790
@x1k790 17 күн бұрын
He sold his shares for the 1st time ever! Let that sink in…
@JY88168
@JY88168 16 күн бұрын
1st level thinker, genius
@rogerburn5132
@rogerburn5132 16 күн бұрын
Yes 150 milion of them.
@livefree1030
@livefree1030 15 күн бұрын
@@rogerburn5132 And he Purchased Gold. He know BRICS and the Global South are ditching the USD due to Sanctions.
@Artificial_Intel_83
@Artificial_Intel_83 15 күн бұрын
They are getting ready for 2008 crisis 2.0
@Denise-vn8wz
@Denise-vn8wz 12 күн бұрын
​@@ikeanderson6466really?
@toddb6576
@toddb6576 16 күн бұрын
I think he's used all the buzz words available without saying anything
@wackyaces5316
@wackyaces5316 9 күн бұрын
One minute into the interview I had to mark this man down for him stating “the free democratic world” There is not free democratic world, they are all under US coercion!
@trevorkendrick7028
@trevorkendrick7028 17 күн бұрын
Who still has excess money from Covid??!
@nickdaviskni7358
@nickdaviskni7358 17 күн бұрын
Nobody
@pray4ray666
@pray4ray666 16 күн бұрын
multi-millionaires that fraudulently accepted PPP.
@frankmarsh1159
@frankmarsh1159 16 күн бұрын
​@@pray4ray666 And ERCs
@frankmarsh1159
@frankmarsh1159 16 күн бұрын
Assets are more valuable. If you own a home or have stocks then you are a lot richer on paper.
@N1GHTWOLF1
@N1GHTWOLF1 16 күн бұрын
I do, invested all my unemployment and stimulus checks and have nearly doubled
@michaelkohl4245
@michaelkohl4245 14 күн бұрын
"They still have excess money from Covid". I must have been ripped, my covid checks were spent on mortgage/bills and food as soon as I got it.
@imaniraks77
@imaniraks77 11 күн бұрын
he's talking about high-end bankers
@wmc9722
@wmc9722 2 күн бұрын
I pay hundreds of thousands each year in taxes and I never got any covid money.
@Bolerophon
@Bolerophon 13 күн бұрын
He struggled with Israel question, but didn't flintch a bit giving his position on Ukraine war and his analysis. The long arm of Tel Aviv has even got Dimon scared
@fengtube56
@fengtube56 9 күн бұрын
That’s because United States 🇺🇸 treats Ukraine people as equals, Palestine people as …..not.
@PotatoHead2022
@PotatoHead2022 9 күн бұрын
He works for juice. What are you talking about?
@codyfernfan6274
@codyfernfan6274 7 күн бұрын
He didn’t struggle. Both Israel and Ukraine have the right to defend themselves.
@PotatoHead2022
@PotatoHead2022 6 күн бұрын
@@codyfernfan6274 I am not sure if Israel has the right to kill more than 35,000 innocent people.
@wmc9722
@wmc9722 2 күн бұрын
Others here noticed this and may lack your courage to state so.
@davadh
@davadh 17 күн бұрын
Whatever this man says, do the opposite. A bank that charges your 27% interest, isn't your friend
@Starky513
@Starky513 16 күн бұрын
Dimon is a genius.
@tyrant_hermit
@tyrant_hermit 14 күн бұрын
27% interest on what? Are you talking about credit cards?
@unclebuck5051
@unclebuck5051 13 күн бұрын
You nailed it. He is an enemy of the State.
@matbob7249
@matbob7249 9 күн бұрын
I found a way how to get charged 0%. Don’t borrow.
@wmc9722
@wmc9722 2 күн бұрын
And how's that working out for you?
@steve8421
@steve8421 17 күн бұрын
What? Housing, rent, and borrowing are through the ceiling and are unaffordable for a large segment of the population. If fact housing has passed the Rubicon of affordability. Wallstreet is purchasing a large segment of the available housing, even lot rentals for mobile homes, and driving steep increases in housing costs. Our 401k's are financing the demise of the mid-class as hedge funds use this money to effect the above takeover of housing. Wages nowhere near keeping up with these increases and entire generations of Americans will not be able to own a home, the stable of the American dream. Transportation and food are also increasing faster the wages. The mid-class is on borrowed time.
@Seanpfree
@Seanpfree 16 күн бұрын
This is THE END of first time home ownership and the slow death of the middle class in a generation.
@wmc9722
@wmc9722 2 күн бұрын
It does not have to be this way. I'm not saying that doing poorly is a choice. But to not find a way out of a hole is. People need mentors. People do not want help from people who can help when they can simply complain and get help.
@jtasgl88
@jtasgl88 17 күн бұрын
"The consumer is in good shape" Hahahahahahhahaaha
@blacky4947
@blacky4947 17 күн бұрын
He manages the largest bank in the world. If he say, the consumer is in a bad shape, stocks would plumped and people would get their money out of the bank.. He has to be confident, even if it´s not true, and i can´t be even mad about it
@ylstorage7085
@ylstorage7085 17 күн бұрын
Some plausible explanations: you were not his intended target audience. you were the 15% he mentioned that were not doing well. your Democratically elected government decided to trade war to collect your money and put it in the wallet of the CUSTOMS.
@zfr33ze87
@zfr33ze87 17 күн бұрын
@@blacky4947 I agree but we also have to consider the modern consumer. Is it the economy screwing the consumer? Or is the average modern consumer screwing themselves over? For sure a lot of the prices for basic necessary needs are inflated, but is the average consumer smart with how they spend their money?
@YoosufMuneer
@YoosufMuneer 17 күн бұрын
If you don't have data that proves otherwise you should just it. He's the CEO of the largest bank in America, I'm sure you know more than him on this.
@gabrieljosue2451
@gabrieljosue2451 17 күн бұрын
@@zfr33ze87 A friends ex wife was getting evicted from her apartment where she lived with a child, she also got her $700/month grand cherokee repossessed. That same month she spent over $700 on temu. Another person I know got 9k between the child tax credit and work credit this past tax season. He bought a 12k boat with that check plus 3k he got from friends and family as a loan. 2 weeks later he ask me for $200 to buy groceries, I said no so he got 2 new credit cards, did the groceries with the first one and bought a $600 gas tank for the boat with the second one, he makes 15.50h . So… you tell me
@nabilfreeman
@nabilfreeman 16 күн бұрын
This guy is the perfect frontman for the global elite. Fiercely intelligent and extremely focused on world affairs. Some people are just built different.
@LittleOrla
@LittleOrla 16 күн бұрын
What's "special" about Jamie is that he always has the best answer.
@vikingord5030
@vikingord5030 12 күн бұрын
Unemployment is low cause we are all working 2 jobs.
@alan_davis
@alan_davis 10 күн бұрын
Literally not how it works.
@vikingord5030
@vikingord5030 7 күн бұрын
@@alan_davis literally unable to recognize jokes.
@Ulqiniflorini1963
@Ulqiniflorini1963 14 күн бұрын
Nothing is more inspiring for young people than a pep talk from a banker worth $2.1 billion! This video should be played in every high school.
@dancrockett4454
@dancrockett4454 16 күн бұрын
Top 1% always have a smile on their face
@wmc9722
@wmc9722 2 күн бұрын
Thanks! And it feels good too.
@UrbanNaturalist
@UrbanNaturalist 17 күн бұрын
Debt is not 60% of GDP, more like 120%.
@squiggy18
@squiggy18 16 күн бұрын
What is USA GDP amount?
@yaobin1
@yaobin1 16 күн бұрын
over 120%
@UrbanNaturalist
@UrbanNaturalist 16 күн бұрын
GDP 28T Debt 34T GDP grew via inflation so ration shrunk back to 120%, was higher 130% last year.
@Artificial_Intel_83
@Artificial_Intel_83 15 күн бұрын
I think GDP and debt are bith rigged. GDP is much lower and debt much higher..
@TK0_23_
@TK0_23_ 9 күн бұрын
60% sounds better. Which tells you everything you need to know about him.
@steve8421
@steve8421 17 күн бұрын
It now takes about $111,000 in annual household income to afford the mean monthly cost of $2,775 for housing. Up $30,000 per year since 2019. Unfortunately the mean household income in America is little more the $76,000 annually. Which translates into the middle class can't afford to live, own a home, build equity or provide a quality living standard.
@danwelterweight4137
@danwelterweight4137 17 күн бұрын
There is no such thing as middle class. There are just rich and poor in America. If you can't afford to go without 6 months to 1 year of no income coming in then you are poor. Don't think that just because you can buy a nice are and a nice house that you are middle class. Rich people are worth millions and even Billions of dollars.
@BicoastalJet
@BicoastalJet 16 күн бұрын
You can find a different, higher paying job. With unemployment under 4% you have the ability to find a job that pays more. Staying where you are is convenient but you will not make as much. Switch companies. The US economy is awesome when compared to other countries’ inflationary pressures.
@jluther1755
@jluther1755 16 күн бұрын
​@@BicoastalJethi JP Morgan bot 😁
@elisadearmas9778
@elisadearmas9778 15 күн бұрын
It has been designed by the Democrats, even though I used to belong to the democratic party, until I verified the partnership between the democrats and the corporations
@nicholas11121
@nicholas11121 15 күн бұрын
@@BicoastalJet Didn't tech companies including tesla just lay off workers.
@detectiveofmoneypolitics
@detectiveofmoneypolitics 17 күн бұрын
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
@teebone2157
@teebone2157 17 күн бұрын
THE CONSUMER IS NOT IN GOOD SHAPE AND NO ONE HAS THAT COVID MONEY IN SAVINGS
@jaredmuralt9074
@jaredmuralt9074 16 күн бұрын
exactly my thoughts. All the Covid money has long since gone into the pockets of the rich, and there are plenty of studies and evidence to back this up. But a banker would never admit that.
@ebythebeach
@ebythebeach 9 күн бұрын
Because they spent it instead of investing it... whose fault is that?
@rogerburn5132
@rogerburn5132 16 күн бұрын
Jamie Dimon knows what is. Good for JP Morgan forget about the rest 😂
@louistan7560
@louistan7560 16 күн бұрын
Ask the man-in-the-street. They will likeky tell you the exact opposite of what they are experiencing in Dimon's "free and democratic world."
@vivianzhang
@vivianzhang 5 күн бұрын
Thank you for putting forward your main views and opinions on the economic trend of the entire world in the video. Thank you. I really appreciate your presentation of these views in your video: I now have gained a greater understanding of the views, concerns you raised, and I am also trying to fully understand the deep reasons behind the concerns you have raised although the underlying reasons behind the concerns you expressed in your video are relatively complex. I look forward to having the opportuity to have further exchanges and communication with you in the future. By the way, I am also a music lover, I especially like classical music. Vivian Zhang
@emmanuelweinman9673
@emmanuelweinman9673 16 күн бұрын
“We should do everything we can to keep the world stable enough to reap more profits” - Jamie Diamond
@24killsequalMOAB
@24killsequalMOAB 17 күн бұрын
The Consumer is not in good shape right now.
@johnnyBwilson
@johnnyBwilson 12 күн бұрын
I think he knows most of the 6 trillion dollars didn't go to average consumers.
@codykrause6998
@codykrause6998 14 күн бұрын
Anybody else struggling immensely despite what this guy says?
@martinreilly41
@martinreilly41 13 күн бұрын
Emma Tucker, very well constructed interview - credit to you both for sharing!
@frankchong5585
@frankchong5585 16 күн бұрын
If you analyse it, all his answers only lead to 1 thing, better economy = good for the bank
@joankamberaj
@joankamberaj 16 күн бұрын
oh wow really
@user-yt6nn4un6w
@user-yt6nn4un6w 3 күн бұрын
Thx for this content, I was supposed to purchase your subscription for commercial use as part of ethical data consumption of mine, however it is not in practice due to exhausted resources. Acknowledge this resources with thanks WSJ
@rinppn9999
@rinppn9999 17 күн бұрын
😅🙇 ขอบคุณ มากครับ ทุกท่านแปลภาษา
@wmc9722
@wmc9722 2 күн бұрын
Great interview. Class guy. Amazing interviewer. I feel I am better equipped having seen this. Some of what was said is veiled from what he thinks.
@02tom46
@02tom46 17 күн бұрын
Politician tier answers but at least competent politician tier answers.
@johnbethea4505
@johnbethea4505 12 күн бұрын
My wife worked at WAMU when he took over and closed it down. It was mortgage handling company and her refi job had plenty of mortgages to handle.
@roberttheodoregeorge
@roberttheodoregeorge 6 күн бұрын
This is so relatable and true lol. I remembered how tough it was before I hit the $100k mark 37. I am 56 today with over $2.8 million in my retirement nest fund alone, didnt take me any stress to get there. Maybe its because my CFP is reliable, but point is, it was way easier from there.
@SageMadsen
@SageMadsen 6 күн бұрын
I'm headed in the same direction, and it's not that difficult. Perhaps too complicated for beginners, but that's why it's best to consult an experienced market strategist.
@SlParkerlee
@SlParkerlee 6 күн бұрын
Could you be kind enough with details of your advsor please?
@shelle.angelo
@shelle.angelo 14 күн бұрын
Right now, we stand at a crossroad of possibilities in the market where the boundaries on what we can achieve is not just dictated by the Fed, or the world around us(war, inflation). There's always going to be recession for some people while others amass wealth, think about it.
@noah-greene
@noah-greene 14 күн бұрын
I think this is a time where financial advisors may come in handy for everyone, not just newbies
@emmaarmando
@emmaarmando 14 күн бұрын
IMO, financial advisors are the most sought-after professionals after doctors. My portfolio is well-matched for every market season and just yielded 85% from early last year to date. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.
@spacecadet6
@spacecadet6 14 күн бұрын
@@emmaarmando bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@emmaarmando
@emmaarmando 14 күн бұрын
‘Gertrude Margaret Quinto’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@LuccaWeber1
@LuccaWeber1 14 күн бұрын
Thanks for the info, i found her website and sent a message hopefully she replies soon.
@trocoloco
@trocoloco 11 күн бұрын
if defends JPMorgan, don't expect him to defend the citizens
@AA_Yoloist
@AA_Yoloist 17 күн бұрын
As a non-American, I would vote for him rather than the current choices.
@pray4ray666
@pray4ray666 16 күн бұрын
well that's idiotic.
@AA_Yoloist
@AA_Yoloist 16 күн бұрын
@sageopheim8382 25 so far
@damnthetorpedos1691
@damnthetorpedos1691 10 күн бұрын
I don’t believe he’s got a real perspective on the state of the country.
@zevlove612
@zevlove612 16 күн бұрын
Consumers are in pretty good shape he says?? Where?
@johnoldfield2390
@johnoldfield2390 9 күн бұрын
It’s so difficult to identify the expenditure authorization and or approval personal and or entities!? 🤔🙂 especially for graduates post employment.
@vincelamvision
@vincelamvision 16 күн бұрын
Ah-ha, listening again in reverse, I actually hear what I wanted to know. Gratitude JP Morgan & CEO Jamie.
@gedemahandika8920
@gedemahandika8920 14 күн бұрын
23:15 "and also we put AI and data together because they're directly related" - Top G of finance
@barrycalvert8219
@barrycalvert8219 17 күн бұрын
Consumer is in HORRIBLE SHAPE
@homersimp
@homersimp 16 күн бұрын
Only if you’re poor. That’s what he was saying
@niopub
@niopub 16 күн бұрын
Yep. Maybe you’re in the bottom 50%. He mentioned that those guys are having a very tough time. Best of luck.
@ronaldocabral2008
@ronaldocabral2008 16 күн бұрын
Then why has consumption not gone down?
@pushslice
@pushslice 9 күн бұрын
Thanks for broadcasting to the world that YOU are in horrible shape. not everyone’s poor.
@martingainty9623
@martingainty9623 8 күн бұрын
JPMC did a fantastic job supplying capital to rehab buildings, schools and offices in Detroit..asa result Detroit's Housing Prices are increasing ...so this is a win win for Detroit, the new residents and the Bank
@VevoV
@VevoV 8 күн бұрын
Nobody is keeping this man in check.
@EyesOnlyxx
@EyesOnlyxx 7 күн бұрын
The state of our economy is a cause for concern and demands our attention. There are several issues that are contributing to its perceived failures, and it's important that we address them. We need to focus on the needs of all segments of society, including those in the middle and low-income groups. It's time for us to take action that benefits everyone and not just a select few. We need to ensure that our policies and decisions promote fairness, equality, and prosperity for all.
@Lonnie32120031
@Lonnie32120031 16 күн бұрын
Watch all the politicians start advocating for the TPP all of the sudden.
@Roms785
@Roms785 16 күн бұрын
When I hear this conversation, JP Morgan Chase is a charity organization not a business… everything for the community. Corporate populism. Business is about profit for shareholders, just need to be honest
@dm4226
@dm4226 10 күн бұрын
Definitely been briefed on this questions before this interview
@franciscocorrales
@franciscocorrales 17 күн бұрын
Great interview. I already watched the shorter video.
@lorraineboyne7560
@lorraineboyne7560 16 күн бұрын
Things are great? A family of 4 is paying over $11,000 more than last year on the same products. Out of touch ELITE!
@opeadeoye1258
@opeadeoye1258 15 күн бұрын
The foundation of the growth is fiscal spending?
@Rob_AMX
@Rob_AMX 12 күн бұрын
Consumer spending is one of the fundamental tenants of GDP and economical growth… and as a consumer based economy (the biggest factor)… I mean, I don’t understand why is phrased as a question..
@dannywcctp
@dannywcctp 15 күн бұрын
Thank you.
@EtTuSilver
@EtTuSilver 16 күн бұрын
Jamie Dimon should never run for President or hold a very senior position within an administration because we don't deserve him. Simple as that. The man is an absolute textbook example of class. He'd be wasted serving in the political sphere.
@AlamoCityCello
@AlamoCityCello 14 күн бұрын
The military industrial complex must love this guy! Warmonger?
@twoking10
@twoking10 12 күн бұрын
Just trying to understand your reasoning. So, RUSSIA invades. Saying we shouldn't allow Russia to win that war, and starting about 9:07 in this video, Dimon makes the case why and very well, that makes you a "warmonger?" I took a philosophy class many years ago. Something the professor said I thought very profound. Before tearing down someone's point of view, first present it as well they did. Otherwise, you are just making straw man argument. Rather than just go on the ad hominum, an intellectually honest discussion would be listening to what Dimon actually says starting at 9:07 and dissect it for us from your perspective.
@Wilson24678
@Wilson24678 11 күн бұрын
​@@twoking10 If you heard of Cuba crisis, you would understand this "invasion" has been done by US many times, and US has sanctioned Cuba for decades.. The dilemma here is if you have principle, you cannot really accuse Russia without accusing US. This Ukrain war wouldn't have happened without NATO expansion.
@electricbreeze
@electricbreeze 16 күн бұрын
Did he Jamie pop an Adderral or two before sitting down for this interview?
@shirleymurtagh101
@shirleymurtagh101 5 күн бұрын
Jamie Dimon makes conversation easy to understand. I enjoy listening to him.
@organizer14
@organizer14 17 күн бұрын
Please see prof. Jeffrey Sachs’ first hand historical perspective, also Scott Ritter, Chas Freeman and others re Ukraine.
@MoritaJunichiro
@MoritaJunichiro 6 күн бұрын
The Russia-China-Mongolia-Japan Pipeline was an economy that prevented world conflict. (Japan and the United States are allies.)
@MaBelle-vq1gm
@MaBelle-vq1gm 16 күн бұрын
All I heard was "let them eat cake".😂
@Tsunseyu
@Tsunseyu 9 күн бұрын
The economy is only “pretty good” for him, spoken like a true politician! 🐍
@anFy81
@anFy81 17 күн бұрын
this gentleman looks like he's Bill Clinton's brother
@kevincesarsozeparas9404
@kevincesarsozeparas9404 10 күн бұрын
Sure Does❕
@dannoringer
@dannoringer 10 күн бұрын
Jamie is very reserved in his comments. But we know he wants the nation to be better led.
@hildablanco1591
@hildablanco1591 10 күн бұрын
Lets say something about the bricks currency and the affects on the US currency
@kabbythedog9409
@kabbythedog9409 16 күн бұрын
Consumers in great shape 😅
@spacekave1
@spacekave1 16 күн бұрын
he is also the person a few yrs ago who called BTC a scam and will fire any of this staff who bought BTC.. and now? then he shld fire himself 1st? 😂😂
@rogerburn5132
@rogerburn5132 16 күн бұрын
Anywhere there is money Jamie is there changing options
@ricardomurillo5205
@ricardomurillo5205 8 күн бұрын
Takes 3% to overthrow but 1% to control
@PorshaPellon
@PorshaPellon 8 күн бұрын
I believe it's beneficial for everyone to shift their focus away from politicians and instead concentrate on personal development, rather than getting caught up in political debates.
@VerleneSchwanebeck
@VerleneSchwanebeck 8 күн бұрын
Indeed, it's undeniable that the economy is severely deteriorating, causing immense suffering for many. I strongly believe that the most prudent course of action at this juncture is to prioritize what truly matters: devising a solid plan for one's future and distancing oneself from political entanglements. Regardless of nationality or ethnicity, humanity shares a commonality, and death spares no one based on race or geography. Therefore, it's imperative to lead a fulfilling life and steer clear of fostering hatred.
@Denice-bn2ij
@Denice-bn2ij 8 күн бұрын
It's truly heartening to encounter someone who comprehends the essence of life. Personally, I refrain from involving myself in political matters because I firmly hold the belief that trusting politicians is futile; they often prioritize their own interests over others'. Instead, I initiated my investment journey at a young age, and I can attest that it's one of the most rewarding endeavors anyone can undertake.
@CleopatraHartup-zw4io
@CleopatraHartup-zw4io 7 күн бұрын
@@VerleneSchwanebeck Absolutely, making informed and thoughtful decisions in financial matters is essential. Whether it involves budgeting, investing, or debt management, having a solid plan and executing the appropriate steps can pave the way for financial stability and success . Engaging with a financial advisor is a wise initial step for anyone considering investments because professional guidance is extremely important. Personally, I've benefited greatly from working with an advisor, and I believe it's one of the best decisions I've ever made.
@pphil56
@pphil56 16 күн бұрын
We're still using money from COVID? 😂 Ok. I believe you Mr. Banker.
@jai4548
@jai4548 9 күн бұрын
A great ambassador for USA. So much wiser than the politicians,
@caesarhuang7662
@caesarhuang7662 17 күн бұрын
Sure, ask a banker about how they think about economy.
@douglasreed007
@douglasreed007 11 күн бұрын
Friendly interview. Like listening to your favourite uncle. Love to have heard a wired Journalist probing properly.
@glenchabi7850
@glenchabi7850 10 күн бұрын
Great interview! Both of you sharp and inteligent. To bad that he didn't choose one of the two front runners for president. You should have asked whet are you regrets at work and in life.
@lento2307
@lento2307 10 күн бұрын
The bottom 20% have not done well in the last 20 years, but the consumer is in great shape!!
@dag410
@dag410 8 күн бұрын
Say what you will, but I enjoy Mr. Dimon's talks.
@kiswani5
@kiswani5 14 күн бұрын
He lost me after "The Free Western World" 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
@Keiphton27
@Keiphton27 8 күн бұрын
Jaime is straight OG. If he talks…I’m listening.
@marcbergeron-gx8bx
@marcbergeron-gx8bx 3 күн бұрын
People can afford paying twice the amount for housing, car 🚗. , food 🥑, insurance and taxes forget about the interest .
@akhileshp4040
@akhileshp4040 16 күн бұрын
Trying to paint a rosier picture for a pretty disastrous situation in the making.
@TheCryptoKid1
@TheCryptoKid1 8 күн бұрын
Thank You Jamie, one of the few men I’d truly trust to steer our country
@ID-me2lf
@ID-me2lf 16 күн бұрын
It’s the same argument again: the underdeveloped or lagging regions can only live under our hypocritical charity and mercy.
@Abraham-uk4xy
@Abraham-uk4xy 9 күн бұрын
Clever chap.highly seasoned experienced fellow. When he talks people listen.
@ikk9225
@ikk9225 11 күн бұрын
Amazing interview!
@huruhooroo
@huruhooroo 14 күн бұрын
WSJ should put the date stamp of the interview as a subtitle on the video, so viewers always have that date in their minds when thinking about the issues discussed, just like when they read WSJ papers.
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