JPMorgan's Erdoes on Recession, Inflation, China

Рет қаралды 44,311

Күн бұрын

Mary Callahan Erdoes, JPMorgan Asset and Wealth Management CEO says inflation will grow slower as goods and services are up 15 percent. She also discusses her outlook for China's recovery and global recession. Mary Callahan Erdoes spoke with Wall Street Week's David Westin in Davos, Switzerland at the World Economic Forum.
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Пікірлер: 39

@rainkloud Жыл бұрын

Impressive speaker. It's rare to find someone who can provide both fast and substantive answers. She does her institution credit.

@3EBstudio Жыл бұрын

She showed up having her best hair day

@MrNikkertti Жыл бұрын

Yes and in the same time saying basically nothing

@user-xz7hx2yc1m Жыл бұрын

The Chinese mainlanders will have to pay the bills, debt caused by the government.

@jhonprice3786 Жыл бұрын

Given the high inflation, the use of coupons is more widespread than ever and many people rely on them not only for the purchase of food but also for clothing and much more. The transition to the 8112 digital coupon format is imminent. Qples by Fobi is the only platform able to provide physical / digital coupons anywhere in the world redeemable in real time! This is very valuable for the big CPG brands as they allow them to improve their Roi but above all customer loyalty, which has proven to change brands if the situation is advantageous. McDonalds, burger King and many other brands could use Qples by fobi coupons to increase customer loyalty, Roi and improve their margins. Given the high inflation that has led to the reduction in consumer purchasing power, CPGs are looking for new ways to attract customers. I think the arrival of digital coupons and the transition to 8112 has been accelerated by all of this. The decline in margins and profits that we are witnessing of many tech companies, once considered leaders, confirm the shift of the consumer in search of better opportunities and bargains offered by coupons.

@prcsoldier Жыл бұрын

She's the absolute GOAT. And has been my idol for a while now. I hope she immediately succeeds Jamie one day and I can only hope to be the Wealth Management CEO one day that she is today. Thank you for everything, Mary 🙏.

@dds3524 Жыл бұрын

The head of the CIB will obviously. She doesn't manage that big of an entity..

@stephenholbrook2626 Жыл бұрын

Like her awareness of economic impacts on lower income people

@emilyharts5693 Жыл бұрын

Exactly! But Why waste your time and fund trying to remain afloat in the market, Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Under the direction of my Fiduciary-counselor “ELIZABETH ERNST DAVID,” I made over $560k between Q3 and Q4 of 2022. I'm hoping for more. We met at a trading conference and I looked her name up online, found her website and left a message thereafter. Bottom line, she agreed to guide me and I've had no cause to regret ever since. She's prolific.

@nesar1996 Жыл бұрын

Did anyone else realise that whatever she said could be found on Bloomberg’s homepage? Like last Friday LOL.

@swedesam Жыл бұрын

I wouldn't be surprised if one day she takes over JPM after Jamie leaves.

@swaep114 Жыл бұрын

* GEGR.. Up 19 % Month. Gaensel Energy Group. 5 Divisions. 20 Companies in 1 and Profitable.

@nubianpwr Жыл бұрын

Sharp👍🏾

@hansel2001 Жыл бұрын

So many words, so little said. Like an NFL post-game interview. Useless.

@ortezchambliss3189 Жыл бұрын

🤐🤔

@ajaysivaramakrishnan7283 8 ай бұрын

1/ 4 of The mo st of 100%✓

@kimchan7189 Жыл бұрын

Big talk no results to show for.

@gdwalker13 Жыл бұрын

Did anyone catch where she works😂

@monaoconnell5650 Жыл бұрын

We never have peace until we stop endorsing gambling on currency. We, the people need to create our own. currency, back it with productivity and make it illegal to gamble currency. All transactions must be public. We will invest in people, small businesses, large businesses, innovation, education etc. Right now a few have access to the money supply which causes war.

@andrewvare3173 Жыл бұрын

More like illegal for mutual funds to buy single family homes on a leveraged basis.

@Rnankn Жыл бұрын

So you want capitalism? That’s been working so well. Let’s just keep trying over and over but expect a different result. Good plan.

@brianoleson9224 Жыл бұрын

she is the 5th most cold hear-ted woman on the globe trust her !

@Alive79311 Жыл бұрын

“Home country bias”

@MrCockFiesta Жыл бұрын

Investing in China is a great idea if you like the thought of all your gains getting wiped out within days due to a single decision by Xi

@taliasun7568 Жыл бұрын

That's why you can't make a lot of money with the way you see the world, but JP morgan can

@Josh1.8 Жыл бұрын

Not accurate, if a dozen of eggs was $ 3.50a month ago, today January 2 the price is $7.00.... that's 50 %up!! Gas is also more than 15%. Inflation does not affect the wealthy. She is wealthy.

@pjlong2255 Жыл бұрын

Disagree with your last statement,inflation erodes wealth for everyone rich or not,it's just the rich move they're wealth around to hedge against inflation which anybody can do if your smart and educated