Why JPMorgan CEO Jamie Dimon Is Skeptical of an Economic Soft Landing | WSJ

  Рет қаралды 504,694

The Wall Street Journal

The Wall Street Journal

Күн бұрын

JPMorgan Chase CEO Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges like the Israel-Hamas War and Russia-Ukraine War make him cautious about the future.
In an interview with WSJ editor in chief Emma Tucker, Dimon discusses the state of the U.S. economy, his leadership style and more.
Chapters:
0:00 U.S. consumer
2:32 U.S economy
4:31 Israel-Hamas War
5:31 Russia-Ukraine War
6:42 China
7:45 U.S. politics
8:24 Impact of near-death experience
9:13 Leadership
10:52 Quick questions
Watch the full, wide-ranging interview with JPMorgan Chase CEO Jamie Dimon here: on.wsj.com/3UBAWSI
#Banks #Economy #WSJ

Пікірлер: 969
@wsj
@wsj 19 күн бұрын
Watch the full, wide-ranging interview with JPMorgan Chase CEO Jamie Dimon here: on.wsj.com/4aWntus
@Teekles
@Teekles 19 күн бұрын
The interviewer is just stroking his ego in a puff piece. What ever happened to critical, tough, insightful journalism? How does Diemon square his position on the Basel III endgame which will make banks safer for the public (likely reducing the chances of giant bailouts which cause inflation) with his purported worries about inflation? How can he say he cares about the American public while shying away from real opportunities to serve the people and not a private bank?
@carkawalakhatulistiwa
@carkawalakhatulistiwa 18 күн бұрын
Economy grow but only in top 20%.
@carkawalakhatulistiwa
@carkawalakhatulistiwa 18 күн бұрын
The interviewer seems to have a big ego. She should stay at home and look after the children
@ckchan3540
@ckchan3540 17 күн бұрын
😅
@Jaymilnere
@Jaymilnere 10 күн бұрын
Please stop with the clickbait titles. I used to love the unbiased videos on whats really going on in the market. Crash market fatigue is showing with most folks. Most are so tired of hearing about the worse even though its true. My $200,000 share holdings are down 17%
@Higuannn
@Higuannn 10 күн бұрын
Yes, and unlike you, a good number of folks are raking in huge gains even in this downtrend, but such strategies are mostly successfully done by experts.
@hullbruce
@hullbruce 10 күн бұрын
@@Higuannn I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe.
@Jaymilnere
@Jaymilnere 10 күн бұрын
@@hullbruce Hello thanks for replying, I'm curious to give this a try. Please who is your advisor and how do I get in touch?
@hullbruce
@hullbruce 9 күн бұрын
@@Jaymilnere Sure, only one person comes to mind, the popular lady Alicia Estela Cabouli. You'd find her basic info. on the web to set up appointment as she offers free consultations.
@Jaymilnere
@Jaymilnere 9 күн бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@kansasmile
@kansasmile 8 күн бұрын
Don't fret, the debt ceiling always goes up. I wonder if 2008 crisis survivors had it easier. this could lead to economic downturns. We need to be prepared for potential market volatility. how can I secure my 250k portfolio against declining?
@Curbalnk
@Curbalnk 8 күн бұрын
Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.
@greekbarrios
@greekbarrios 8 күн бұрын
The economy and stocks are two different things these days
@blaquopaque
@blaquopaque 8 күн бұрын
De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.
@Lewyn298
@Lewyn298 8 күн бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@blaquopaque
@blaquopaque 8 күн бұрын
*Jennifer Leigh Hickman* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
@sekutard5157
@sekutard5157 19 күн бұрын
“the consumer is in pretty good shape right now” i dont feel in pretty good shape
@wheressteve
@wheressteve 19 күн бұрын
He's in really good shape right now so everyone else must be doing just fine too !
@CK-ur2ev
@CK-ur2ev 19 күн бұрын
you are "a" consumer, not "the" consumer
@AndrewTran-bleh
@AndrewTran-bleh 19 күн бұрын
You don't "feel" good but you still have to spend more, even go into debt for that spending. That's his definition of "good"
@hughlevantjames905
@hughlevantjames905 19 күн бұрын
like he has said, some are in good, some are in bad.
@antihypocrisy8978
@antihypocrisy8978 19 күн бұрын
He hangs with elites, not common folk
@lao-ce8982
@lao-ce8982 19 күн бұрын
I love when millionaires tell how the working class population feel itself.
@neo5973
@neo5973 19 күн бұрын
Legendary comment.
@hellzshotgun
@hellzshotgun 19 күн бұрын
​@@neo5973Legendary response
@skatersgowild
@skatersgowild 19 күн бұрын
Correction billionaire
@KD-dl5gv
@KD-dl5gv 19 күн бұрын
What part are u reffering to
@SGRyuma
@SGRyuma 19 күн бұрын
He bases his argument on the numbers thats the fundamental of his job. It’s not about the rich or poor gap.
@festusmadidi2634
@festusmadidi2634 18 күн бұрын
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@festusmadidi2634
@festusmadidi2634 18 күн бұрын
@@Abelone-Alvilda That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@Abelone-Alvilda
@Abelone-Alvilda 18 күн бұрын
@@festusmadidi2634 My advisor is Victoria Carmen Santaella;
@Abelone-Alvilda
@Abelone-Alvilda 18 күн бұрын
You can look her up online
@Abelone-Alvilda
@Abelone-Alvilda 18 күн бұрын
Nah I Can't say I can relate, Victoria Carmen Santaella charge is one-off and pretty reasonable when compared to what I benefit in returns.
@festusmadidi2634
@festusmadidi2634 18 күн бұрын
@@Abelone-Alvilda I will give this a look, thanks a bunch for sharing.
@LivingWithGout
@LivingWithGout 19 күн бұрын
J.P Morgan stood up in his grave and applauded.
@rn8605
@rn8605 19 күн бұрын
@LoveForBluebirds
@LoveForBluebirds 19 күн бұрын
LOL
@Karuska22ps
@Karuska22ps 19 күн бұрын
​@@rn8605 what type of ugly a emoji
@sudoprophet
@sudoprophet 18 күн бұрын
@@Karuska22ps welcome to the world of an android user
@ElfProduct
@ElfProduct 17 күн бұрын
@@sudoprophetlmao
@XxXNinjaFanXxX
@XxXNinjaFanXxX 19 күн бұрын
the consumer is in pretty good shape as I spend 300 dollars for 2 bags of groceries
@hamzamahmood9565
@hamzamahmood9565 17 күн бұрын
$300 for 2 bags? How big were they? Do you eat gold for breakfast?
@XxXNinjaFanXxX
@XxXNinjaFanXxX 17 күн бұрын
@@hamzamahmood9565 2 paper bags, literally nothing fancy except for the butcher shop meats.
@eddiemalvin
@eddiemalvin 17 күн бұрын
Ouch... Where do you live? Monaco? I just spent $175 at Costco and will feed my family of 6 for a week with chicken, ground beef, fish, fruits and vegetables.
@user-ow1bn6qv8q
@user-ow1bn6qv8q 17 күн бұрын
There's no way you spent 300 dollars for two bags of groceries unless you filled them with steaks. I don't spend more than 100 dollars on groceries per week (for 2 people). Try eating like a normal healthy person. Vegetables, chicken, salmon, rice, grains, etc. Buy meats in bulk and freeze most of it. You obviously aren't too bright.
@PierreEmmanuelSoufflet
@PierreEmmanuelSoufflet 16 күн бұрын
😂😊
@teddmented
@teddmented 19 күн бұрын
Tell Jamie I can’t login to my Chase account
@hilarydahl3722
@hilarydahl3722 10 күн бұрын
Probably because he’s getting ready to rob you as well. Then play dumb. That’s how it starts. Get your money out of that bank before it’s gone. Numerous people are being robbed by these POS.
@akaku9
@akaku9 6 күн бұрын
This is most likely an id 10 T error.
@zenastronomy
@zenastronomy 19 күн бұрын
"the consumer is in pretty good shape, they can't afford bread, but they can eat cake instead, they have options". - Jamie Diman billionaire
@peterstaykov9670
@peterstaykov9670 19 күн бұрын
Nailed it!
@LoveForBluebirds
@LoveForBluebirds 19 күн бұрын
He only really made the point that the bottom 20% has done pretty badly for 2 decades. This is probably more like the bottom 50% have done pretty badly, the middle-top 25% are hanging in there and the top 24%, minus the top 1%, are still doing fine, and the top 1% are absolutely killing it and stealing everyone else's money.
@LaSombraa
@LaSombraa 18 күн бұрын
@@LoveForBluebirdsSo as usual, 75% of Americans are struggling and the remaining 24% and 1% are doing amazing. Middle class surely doesn’t exist that much anymore, huh.
@theonlycaulfield
@theonlycaulfield 16 күн бұрын
Consumer is in good shape doesnt mean that people are in good financial shape, but that the general consumer is still spending. I cant believe how many people here, probably 3/4 in the comment, seem to be illiterate.
@zenastronomy
@zenastronomy 16 күн бұрын
@@theonlycaulfield another cake eater. they always say the same before each disaster.
@christiand.7404
@christiand.7404 19 күн бұрын
Jamie Dimon said year and a half ago that consumers will run out of money. Never expect them to tell you the truth ,they will only tell you what they want you to hear.
@brandon_youtube
@brandon_youtube 19 күн бұрын
💯
@saiki1989
@saiki1989 19 күн бұрын
People have run out of money. Savings accounts are at the lowest. Highest credit card debt levels. What am I missing?
@christiand.7404
@christiand.7404 18 күн бұрын
@@saiki1989 You are missing some propaganda brainwashing from the mainstream media :)
@aidancollins1591
@aidancollins1591 18 күн бұрын
It was a reasonable thing to believe at the time, but incorrect in hindsight, conspiratorial nonsense aside.
@eddieyang7970
@eddieyang7970 18 күн бұрын
He runs a bank, he does not run the economy
@zorgee
@zorgee 19 күн бұрын
as usual a suck up interview with no hard questions.
@AntonioMac3301
@AntonioMac3301 19 күн бұрын
what do you mean? the questions are very hard to answer "Do you think that the US position towards the Israel-Hamas war is the right one?" This question is impossible to answer. It is a problem with no solution. Not only is it inconceivable to come up with a possible solution to this question, it is undoubtable impossible and intractable to even evaluate if such solution is the optimal one. There are too many constraints and optimization variables in the geopolitics. If it wasn't hard, we would've had a solution "How should the US approach China" - you are telling me that this question is not hard? that's insane. Like the earlier question about the Middle East, this question is essentially mathematically intractable. You can try to simplify parts of this system with heuristics and try to model out the best solution, but this system is too complex and so difficult to analyze, how could even quantify a good answer is beyond me. The observations we receive and the control we as Americans have do not make this easy, and I don't blame Jamie Dimon for his answer
@bleacherz7503
@bleacherz7503 15 күн бұрын
Despicable -
@bleacherz7503
@bleacherz7503 15 күн бұрын
@@AntonioMac3301they are easy questions bc they are not answerable - ask a real question - what was your take on the Fed trading ahead of announcements ? How often do you sorely to the treasury secretary? How early into Covid did you know that the country would spend 7 trillion dollars ? How did Chase alter its investments in 2020 -2021. Which trader received the highest bonus this past year?
@plica06
@plica06 11 күн бұрын
No follow up questions or challenging him on his answers.
@JEEDUHCHRI
@JEEDUHCHRI 18 күн бұрын
When you control the game board, the rules, the playing field and you tell the players how they’re doing.
@Vin-pd7mh
@Vin-pd7mh 19 күн бұрын
Everyone was a genius at zero % FED FUNDS RATE 😈😈
@carlosrivas5386
@carlosrivas5386 19 күн бұрын
Especially of you move the rates as per your needs, as FED is a private institution
@RickWatson-xu6gw
@RickWatson-xu6gw 16 күн бұрын
With this, what's the optimal strategy to capitalize on the stock market? I'm contemplating diversifying my $400k stock portfolio to maximize returns while minimizing risk.
@benitabussell5053
@benitabussell5053 16 күн бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@A_francis
@A_francis 16 күн бұрын
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
@RickWatson-xu6gw
@RickWatson-xu6gw 16 күн бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@A_francis
@A_francis 16 күн бұрын
*Sharon Lynne Hart* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@Jwdude123
@Jwdude123 16 күн бұрын
Vote for Trump
@AmadeusDR
@AmadeusDR 19 күн бұрын
Although I disagree with 50-60% of what's said in this interview I can always respect his desire to view things as objectively as possible before viewing it subjectively. A bright and calculated man who seems self-reflective. I could fault the dissolution displayed in certain statements but it's understandable from the communities he interacts with.
@MehulPatelLXC
@MehulPatelLXC 16 күн бұрын
Couldn’t have said it better. Great objective take.
@diabetes1.564
@diabetes1.564 19 күн бұрын
He knows a lot but people are not good. They are hungry and at each others’ throat on the low level
@Xicheng17
@Xicheng17 19 күн бұрын
Either soft or hard landings have possibilities, just be prepared for both.
@RusuSilva
@RusuSilva Күн бұрын
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@RichardMoore-jg5tl
@RichardMoore-jg5tl Күн бұрын
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
@FusunTumsavas-cq7tp
@FusunTumsavas-cq7tp Күн бұрын
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
@RossiPopa
@RossiPopa Күн бұрын
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@FusunTumsavas-cq7tp
@FusunTumsavas-cq7tp Күн бұрын
Monica Shawn Marti is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
@RossiPopa
@RossiPopa Күн бұрын
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@sergiomendozamedrano8994
@sergiomendozamedrano8994 18 күн бұрын
The problem is that consumers out in the job market DO have options, but wages have stagnated. In simple words: jobs have increased, but not wages. It is very misleading. Their purchasing power isn’t the same as before. This is rubbish
@robertboone8607
@robertboone8607 14 күн бұрын
This comment is spot on it's called stagflation. We are becoming wage slaves with no solutions, when basic needs are priced skyhigh it leaves little money left over for other endeavors. Being just a millionaire is now considered middle class .
@kentucky4494
@kentucky4494 19 күн бұрын
*YT Quick Survey:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?
@bertjames436
@bertjames436 19 күн бұрын
None!!!! considering the present unpredictable market volatility there are over a thousand reasons why the market is a no go especially now.
@MichaelWeebles
@MichaelWeebles 19 күн бұрын
Not true at all... Although the market isn't so stable at the moment, it isn't as sick as some people have made it look... In all honesty, as a beginner who knows next to nothing, I have made over $12k net-profit just in a couple of months... I'm a retiree, and I am using these extra resources to help pay for odds and ends that I want.
@MichaelWeebles
@MichaelWeebles 19 күн бұрын
NO I have never used a spreadsheet.. It's of no relevance to me... For my top holdings, I follow Kelly Marie Matwick's trading positions automatically... Look her up, she's good.
@goldeagle8051
@goldeagle8051 17 күн бұрын
Bitcoin of course... Technology + adoption curve.
@teekay_1
@teekay_1 15 күн бұрын
@@MichaelWeebles *Kelly Marie Matwick* was just sent to jail for cheating investors.
@joonhwi86
@joonhwi86 19 күн бұрын
Sounds like he’s running for president
@user-fb8bo3ys2f
@user-fb8bo3ys2f 19 күн бұрын
I’d vote for him over the other two losers….
@ghosthdel3098
@ghosthdel3098 19 күн бұрын
@@user-fb8bo3ys2f My dad works as an assistant director in one of he top 4 banks. He said last last week one of the guys from the feds came over and had 2 hours meeting with all the CEOs and some of the directors. His bboss told him that they (the feds) will not plan to cut the rate until fall. This is what he told us over dinner but who knows.
@AmadeusDR
@AmadeusDR 19 күн бұрын
Was telling my Dad the same thing the other day kind of crazy to see someone else say the same thing. Edit: A lot of his interviews seem to be more involved in geopolitical and societal factors rather than economic issues. Seems as if he's prepping campaign points for sure.
@kennethkho7165
@kennethkho7165 19 күн бұрын
I'd elect a billionaire banker over a billionaire fraudster any day
@MrMountain707
@MrMountain707 19 күн бұрын
a banker? lol
@AndrewQuiroz24
@AndrewQuiroz24 18 күн бұрын
When you keep printing and printing and printing, I just don't understand how you can stop inflation.
@tylertheobald6407
@tylertheobald6407 16 күн бұрын
You don’t, its called Bidenomics
@cle_roknn3742
@cle_roknn3742 16 күн бұрын
The low interest rates began well before Biden and government spending has been out if control for years. Blaming one politician for the problem is shortsighted.
@nate_8403
@nate_8403 19 күн бұрын
Dimon: I took so much money, there's no way you're getting out of this!
@jdiaz9190
@jdiaz9190 13 күн бұрын
This same guy said bitcoin was a scam, and he buys millions worth of it. How can anyone trust what he says.
@incyphe
@incyphe 19 күн бұрын
In the history of business cycle, a soft landing only occurred once 30 years ago. So he is right to be skeptical.
@jonathanmack6285
@jonathanmack6285 19 күн бұрын
Everytime the probably of a recession lessens like it has according to the media the last few months, history tells us the opposite is true. That it usually happens when people aren’t aware of it.
@Paper.Power.Politics
@Paper.Power.Politics 19 күн бұрын
Yeah thats true, but that was caused by many other facrors. Not because of something like covid. Its like shaking a can of soda, covid is what shook the soda can and now the bubbles are fizzling down. Like jamie said the real problem is fiscal spending and america will be the next argentina/Venezuela if things dont change. But chase is part of the problem making capitalism a monopoly. We dont have a free market , we have a monopolized market thx to banks like chase. Socioeconomics!!!!
@BanterBureau
@BanterBureau 19 күн бұрын
What would a hard landing look like?
@curiousobserver123
@curiousobserver123 17 күн бұрын
recession bro@@BanterBureau
@jonesfrederick1228
@jonesfrederick1228 17 күн бұрын
The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
@amaeryamidus
@amaeryamidus 17 күн бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH... Stock)
@udeikechukwu2348
@udeikechukwu2348 17 күн бұрын
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it?
@jonesfrederick1228
@jonesfrederick1228 17 күн бұрын
She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment
@terry5468
@terry5468 17 күн бұрын
I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States
@valleygray
@valleygray 17 күн бұрын
I realized that the secret to making a million is making better investment.
@grandexchange378
@grandexchange378 3 күн бұрын
“The consumer is in pretty good shape” yet all we see at the stores is prices rising.
@fernandoboero1852
@fernandoboero1852 19 күн бұрын
WOW, he stole my quote. I keep telling every young person that it feels like 1973! back when I was 15 & scared about the future..
@thedude5040
@thedude5040 18 күн бұрын
Na, we are far from 1973. The millennial generation has lived through multiple proposed end of the worlds, and recessions.
@sirclark4405
@sirclark4405 18 күн бұрын
Only difference is now a homestead will set you back a cool quarter of a million dollars.
@ryen49
@ryen49 18 күн бұрын
@@sirclark4405wagers were. Much lower than do the inflation math
@inquisitive8903
@inquisitive8903 14 күн бұрын
​@@sirclark4405 what's a homestead...growing your own food..??
@melvinmabaquiao3159
@melvinmabaquiao3159 19 күн бұрын
are we still trying to land?
@davebrewer7170
@davebrewer7170 19 күн бұрын
Wow, she had the most powerful banker in the world and she couldn’t find a single challenging question. Her future as a serious journalist is in doubt
@theonlycaulfield
@theonlycaulfield 16 күн бұрын
What are you talking about? She asked a wide variety of questions.
@plica06
@plica06 11 күн бұрын
And didn't challenge him on anything he said. He could have told her jokes back and she would have accepted that.
@theonlycaulfield
@theonlycaulfield 11 күн бұрын
@@plica06 Why would she challenge him on anything? What do you even mean? Dimon is there voluntarily. He doesn't have to be. This isn't a police interrogation.
@vishnu311990
@vishnu311990 18 күн бұрын
*END OF ROME* By the end of the third century, Rome had clearly reached a crisis. The state could no longer obtain sufficient resources even through compulsion and was forced to rely ever more heavily on debasement of the currency to raise revenue In the end, there was no money left to pay the army, build forts or ships, or protect the frontier. The barbarian invasions, which were the final blow to the Roman state in the fifth century, were simply the culmination of three centuries of deterioration in the fiscal capacity of the state to defend itself. Indeed, many Romans welcomed the barbarians as saviors from the onerous tax burden *Does this sound like we are here now ?* *Taxes - Inflation - Fiscal Deficit*
@positivemanjb
@positivemanjb 15 күн бұрын
What about the other economies? Which US enemy as at now is not in a debt crisis? And which economy is not printing too? Or struggling with inflation?
@eshraqsalahuddin115
@eshraqsalahuddin115 18 күн бұрын
A country only do well when not only the top 20 % do well, but bottom 20% as well. If the bottom 20% working class people is struggling to buy groceries, can’t buy home, drowning with debt just to get by then no matter what they say, doesn’t matter.
@hakikitosunpasabenim3088
@hakikitosunpasabenim3088 14 күн бұрын
20% of the US population makes 70 million people. If people lose their hope to get afloat, you’d better get ready for some nasty things to emerge.
@porroapp
@porroapp 19 күн бұрын
Why this disconnect?
@hossflat5757
@hossflat5757 17 күн бұрын
That was one of the best interviews I ever seen, probably edited but good job
@workhobbyist8471
@workhobbyist8471 17 күн бұрын
Love how the editor-in-chief ask questions.
@satoriasimov9169
@satoriasimov9169 18 күн бұрын
And yet our purchasing power has diminished severly
@Ouphfta
@Ouphfta 19 күн бұрын
5 days in the office = old thinking
@samnater
@samnater 17 күн бұрын
Good thing I already bought calls. Thanks Jamie.
@imthelovestamp
@imthelovestamp 13 күн бұрын
Great questions, solid interview
@TheAkan99
@TheAkan99 19 күн бұрын
Is this an ad?
@mikewhit
@mikewhit 18 күн бұрын
for the corrupt and criminal regime
@hakikitosunpasabenim3088
@hakikitosunpasabenim3088 14 күн бұрын
Looks like they’re prepping him for presidency.
@Angel.Diez.Ovelar
@Angel.Diez.Ovelar 19 күн бұрын
Nice World hes living it.......
@LaSombraa
@LaSombraa 18 күн бұрын
Lol he eats the best meals every day and flies on private jets and gets chauffeured in a rolls Royce wherever he needs to go. Of course he’s living an amazing life. But regardless, dude’s old and won’t be alive for much longer. All these parasitic boomers will be kicking the bucket in the next 10-15 years.
@Czechbound
@Czechbound 18 күн бұрын
18 years ... relatively young when he started, and was a bank ceo before his current job. That's a global exec right there
@IzoMav
@IzoMav 18 күн бұрын
When he mentioned that he reads "The Exchange" what's he referring to?
@Starship007
@Starship007 19 күн бұрын
Yes, the government spending money from thin air is supporting or buoying the present economy but the piper must be paid
@willteasel6099
@willteasel6099 17 күн бұрын
I would argue with Jamie Dimon’s opinion about Americans financial health as surging taxes along with insurance costs are crippling most Americans and then we have basic inflation of goods & services that are adding to the pain. When Americans don’t have the finances for basic needs it’s not likely they will have discretionary funds to keep the economy rolling.
@isaelsp7866
@isaelsp7866 13 сағат бұрын
Excellent interview!!!
@MorrisFilmPhoto
@MorrisFilmPhoto 18 күн бұрын
Thanks 4 Great Interview! ⭐️
@AndreaDoesYoga
@AndreaDoesYoga 19 күн бұрын
Interesting perspective, Dimon, let's see how it unfolds 🌐
@McMcMike11
@McMcMike11 19 күн бұрын
He is definitely running. Make America JP Morgan
@victoriacooper6892
@victoriacooper6892 18 күн бұрын
not happening
@mybinis6664
@mybinis6664 15 күн бұрын
"sorry i didnt have time to write a shorter email" is the best thing I heard from Dimon
@Starship007
@Starship007 19 күн бұрын
In the past consumers used cheap credit to subsidize their income to continue lifestyles above their means. Now expensive credit to subsidize their income. Inflation makes it difficult to keep up with cost of living. Many do not want to cut back or change lifestyle are raiding their retirement accounts early or taking our home equity loans.
@ElMismisimoManu2
@ElMismisimoManu2 19 күн бұрын
Western oligarchs' opinions are always so transparent.
@casnimot
@casnimot 19 күн бұрын
I'm a retiree, and I see that my pension doesn't change much. Prices change a lot, and for the worse. Burger-flippers are making $20/hr now, so no more fast food for me. My bills are closing in on double what they were 7 years ago, when I retired. My property taxes are going up because of all the little add-ons, which could eventually force me to sell. Eggs cost 5 times (!) what they did when I retired. I've cut soda, frozen foods of any kinds, juices, beverages, etc. Everyone seems to be getting more money, consideration and attention, except for people like me.
@mikewhit
@mikewhit 18 күн бұрын
No one is getting more of anything except the frauds like in this video
@kp-iy7lc
@kp-iy7lc 18 күн бұрын
People make more money because money loose value very fast. If bidon keeps printing like he did until now, prices will double again.
@JEEDUHCHRI
@JEEDUHCHRI 18 күн бұрын
Does your pension adjust with inflation?
@pauls3075
@pauls3075 18 күн бұрын
Get a job as a Burger flipper, you get $20 / hr and free burgers! win win.
@casnimot
@casnimot 18 күн бұрын
@@JEEDUHCHRI As I say, my pension does not change much, but it does change, i.e., there is a COLA. It's just not keeping up with inflation, and that's part of the point.
@ku4eriavenko
@ku4eriavenko 18 күн бұрын
Good job, Emma!
@maratkarapetyan4400
@maratkarapetyan4400 17 күн бұрын
Fine Man God Bless Him . God Bless USA
@Kevin-oc2jb
@Kevin-oc2jb 19 күн бұрын
I think a lot more than the bottom 20% aren't doing well. People are working more hours and the open jobs aren't well paying.
@charlie10010
@charlie10010 19 күн бұрын
Dimon is a great executive.
@stevemcphail3586
@stevemcphail3586 19 күн бұрын
What a great guy ! 👍
@jamespaceband8569
@jamespaceband8569 15 күн бұрын
Great interview. 👍
@sheepman6291
@sheepman6291 19 күн бұрын
LOL "Who keeps you in Check." Jamie "Well. . . My wife."
@hakikitosunpasabenim3088
@hakikitosunpasabenim3088 14 күн бұрын
The guy runs the world economy and thinks people are doing fine
@kirkdogg007
@kirkdogg007 19 күн бұрын
If you were sitting on over1 trillion in commercial debt this is how you would sound.
@rahul_verulkar
@rahul_verulkar 4 күн бұрын
No Tiktok, no Instagram , NO Facebook, No Phone = successful CEO 😌
@kazuhirala
@kazuhirala 13 күн бұрын
Never to this day would i have though to hear someone speak as if they were those unaffected by the Great Depression in the 1930s. This man is just that.
@cwaddle
@cwaddle 16 күн бұрын
I like this guy. He speaks in a super layman fashion for someone in his position and not afraid to speak pretty bluntly
@seancormier5961
@seancormier5961 19 күн бұрын
Who’s gonna carry the boats?Hard landing. Stay hard.
@joemq
@joemq 17 күн бұрын
In the English Channel?
@frostmelody
@frostmelody 17 күн бұрын
Where you get full interview for free?
@matster777
@matster777 17 күн бұрын
I don't know what jobs market he means most of the jobs are low paid the high paid are scarce and most companies are making big redundancies
@QuantumEX
@QuantumEX 19 күн бұрын
The difference between Dimon and Elon, is that Dimon is a smart charlatan.
@Simonpt2000
@Simonpt2000 18 күн бұрын
Dimon is a good man unlike those guys at Blackrock
@XxDreamBotxX
@XxDreamBotxX 16 күн бұрын
Man I would love Jamie in a cabinet role really making future seeking policy this man is Smart and sees the full picture
@natespiker1
@natespiker1 18 күн бұрын
Jaime Dimon for President! 🇺🇸
@gasan6599
@gasan6599 18 күн бұрын
"Free democratic western world". He forgot to put on a clown paint.
@ericanderson3534
@ericanderson3534 19 күн бұрын
I respect Dimon and while the comments make me think listening will be a waste of my time, Ill give it a try.
@aviralgupta393
@aviralgupta393 18 күн бұрын
so what do you say now?
@redblacktichy7713
@redblacktichy7713 18 күн бұрын
​@@aviralgupta393 He said nothing..
@killap3nguin
@killap3nguin 17 күн бұрын
When he says consumer is in good shape they aren’t. The personal savings rate is the lowest number ever. 3%.
@theonlycaulfield
@theonlycaulfield 16 күн бұрын
Consumer being in good shape means that peoples' spending levels are still high, not that their savings are high. People are spending morevon credit currently.
@Mando_Trucker
@Mando_Trucker 19 күн бұрын
When he said the consumer is in pretty good shape, I wouldn't take his insight on the real world.
@hitchensfollower6966
@hitchensfollower6966 19 күн бұрын
Mr. Dimon will be the 1st in the line looking for government handouts when banks get caught making bad decisions. We place too much emphasis on what bankers say.
@jamesbowman1767
@jamesbowman1767 18 күн бұрын
I cannot understand why this guy gets so much respect.
@thepmj18
@thepmj18 17 күн бұрын
😂
@enkibumbu
@enkibumbu 17 күн бұрын
I assume he is a very charismatic and capable psychopath.
@samnater
@samnater 17 күн бұрын
@@enkibumbubingo!
@Geniere10
@Geniere10 17 күн бұрын
Jealous much?
@jasonfranz5623
@jasonfranz5623 19 күн бұрын
Legend
@pawelek7
@pawelek7 6 күн бұрын
When the bank makes the most money. During the war.
@jimbojimbo6873
@jimbojimbo6873 19 күн бұрын
The world needs a hard landing, hard landing to stay hard
@Stephen-we6do
@Stephen-we6do 19 күн бұрын
It's hilarious that he says he finds war horrible but then literally says the US state talking points.
@DanyCesc83
@DanyCesc83 17 күн бұрын
Jaime is a dam star ⭐️ we need him to continue to guide the private banking sector
@user-dt5nj3uk2s
@user-dt5nj3uk2s 19 күн бұрын
He is awesome
@Cesco_S
@Cesco_S 19 күн бұрын
Nice to see some common sense from an American… great man
@rn8605
@rn8605 19 күн бұрын
🤣
@davebrewer7170
@davebrewer7170 19 күн бұрын
You mean the guy that manipulated the global gold market to make $10 billion of illegal profit. That is the guy that has common sense? Jamie Dimon is a super grifter, stealing pennys on every transaction, adding no economic value, his company is a parasite on productive Americans
@jjburns8762
@jjburns8762 19 күн бұрын
Great interview. Jamie sure seems very genuine & honest. However every CEO has dark secrets that are never spoken publicly.
@Freiheit1232
@Freiheit1232 19 күн бұрын
What insight…
@jacobbwalters8133
@jacobbwalters8133 19 күн бұрын
I don’t think that is necessarily true. You don’t get to the top without stepping over a few people to be sure, but I don’t buy the current narrative that every powerful person has a bunch of skeletons in their closets. I think the truth is much more simple than that. Powerful people are human just like the rest of us. They have families, they have feelings, they make mistakes, they do good things, and they sometimes do bad things. The mistakes and bad things that powerful people do just have bigger impacts and receive greater scrutiny than the problems that average people create.
@davidanalyst671
@davidanalyst671 19 күн бұрын
jamie did interviews like this while he was running all of Jeffrey Epsteins banking
@jasonlammers8022
@jasonlammers8022 19 күн бұрын
To be fair he is an expert on crashing an economy thru personal greed as his company was one of the major catalyst to the GFC crash. Somehow they got richer and didn't go to jail.
@barath4545
@barath4545 16 күн бұрын
I expected Jamie to be a LOT more vile and contentious to be fair. Well conducted interview and good insights into how he has made up his conclusions on a macro scale. I disagree with Jamie a lot but I gotta respect deep insight (from a macro level) when I see it. I would have thought he would be pro-Russia, but there we go, thanks for taking a stand and even explaining it towards a greater good for the economy! (which I agree on)
@Timurlane64
@Timurlane64 18 күн бұрын
So many ignoring his main point about the economy, Massive fiscal spending and QE hangover. I cannot believe how so many ignore this deficit spending and its effect on inflation. The public has become so conditioned to look for the Fed to play the cavalry and forget how limited they are when you have deficit spending like this. At least Jamie Dimon ‘hints’ at the real problem.
@speedy0
@speedy0 19 күн бұрын
Like him or not. Dimon has evolve over time as a shrewd businessman / CEO with a pulse on “global” economy.
@zenastronomy
@zenastronomy 19 күн бұрын
getting trillions in government bailouts paid for by the working man so he can continue ripping off the working man. never realised shrewd businessmen meant organised crime.
@davebrewer7170
@davebrewer7170 19 күн бұрын
He is a super grifter. Despicable human in the actions he allows his henchmen to undertake
@encompassvideo5429
@encompassvideo5429 12 күн бұрын
He is correct on the issue of deficits. If you keep marketing this debt, you have to attract buyers. You must pay attractive interest to keep debt buyers happy.
@raiderdrew988
@raiderdrew988 17 күн бұрын
Jamie 💎 said we’re in the 1970’s 2.0 wow 🤩 BUY GOLD and SILVER
@grovve8960
@grovve8960 19 күн бұрын
In other words low income folks can afford food with their EBT,middle income folks can get their Amazon goods within a day and the 1% are raking in billions of dollars!
@theshimario253
@theshimario253 19 күн бұрын
The consumer is not in good shape. Prices/rent is far too high Sure the economy is good, but the average person is not doing economically well.
@sestricaanutka
@sestricaanutka 14 күн бұрын
I chocked at the line about consumer being at a good place, like we are ignoring the crazy inflation as a whole…😅
@Sobrien724
@Sobrien724 18 күн бұрын
Which President will listen to the experts?
@davidshamiri1448
@davidshamiri1448 17 күн бұрын
After he said Bitcoin is a scam then bought a bunch, I dont believe a word.
@anoriolkoyt
@anoriolkoyt 19 күн бұрын
The very fact that the head of the most important global systematic bank is openly discussing geo politics is worrying. Either things are getting really bad, or the powers at be have decided the near future and his position will become increasingly the norm as the world adapts to that future.
@jordank249
@jordank249 19 күн бұрын
He has always been outspoken, this isn't new.
@RagingGeekazoid
@RagingGeekazoid 18 күн бұрын
the powers THAT be
@mr.mcclain9917
@mr.mcclain9917 15 күн бұрын
“The consumer is in good shape” meanwhile the middle class is trying to escape a burning building!
@LuccaWeber1
@LuccaWeber1 13 күн бұрын
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
@noah-greene
@noah-greene 13 күн бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@spacecadet6
@spacecadet6 13 күн бұрын
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
@emmaarmando
@emmaarmando 13 күн бұрын
@@spacecadet6who is your advisor please, if you don't mind me asking?
@spacecadet6
@spacecadet6 13 күн бұрын
*Gertrude Margaret Quinto* maintains an online presence. Just make a simple search for her name online.
@elease.eichersli
@elease.eichersli 13 күн бұрын
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
Jamie Dimon on the Economy, U.S.-China, Overseas Wars and More: Full Interview | WSJ
37:42
Godzilla Attacks Brawl Stars!!!
00:39
Brawl Stars
Рет қаралды 10 МЛН
McDonald’s MCNUGGET PURSE?! #shorts
00:11
Lauren Godwin
Рет қаралды 35 МЛН
When JPMorgan CEO Jamie Dimon Speaks, the World Listens | The Circuit
22:32
Bloomberg Originals
Рет қаралды 1,4 МЛН
How long can Putin afford to wage war in Ukraine? | DW News
29:33
The Possibilities of AI [Entire Talk] - Sam Altman (OpenAI)
45:49
Stanford eCorner
Рет қаралды 397 М.
How Biden's Inflation Reduction Act changed the world | FT Film
27:41
Financial Times
Рет қаралды 1,3 МЛН
Boomers Own Half of U.S. Wealth. So Why Are We Seeing More Homeless Boomers? | WSJ
6:52
Warren Buffett explains why Berkshire reduced its big Apple stake
9:36
CNBC Television
Рет қаралды 563 М.
Google CEO Sundar Pichai and the Future of AI | The Circuit
24:02
Bloomberg Originals
Рет қаралды 1,2 МЛН
Wall Street's king, Jamie Dimon, on the US presidency
16:12
The Economist
Рет қаралды 417 М.
Why American Automakers Are Failing In China
16:34
CNBC
Рет қаралды 967 М.