US EditionJPMorgan Chase tops quarterly expectations as Dimon says U.S. economy faces ‘considerable turbulence’
- JPMorgan CEO Jamie Dimon sold $31.5 million in company stock, part of his predetermined trading plan, after strong first-quarter earnings pushed stock prices higher by 4%.
- Dimon warned that the U.S. Economy faces considerable turbulence due to trade wars, inflation, and fiscal deficits, stating, 'It's about safety and freedom for democracy.'
- JPMorgan Chase reported earnings above analyst estimates and forecast a likely reduction in S&P 500 growth from 10% to zero, reflecting Dimon's caution about economic forecasts.
- Despite economic concerns, Dimon expressed confidence in JPMorgan's capital and liquidity to manage any challenges, claiming, 'We have the margins and capability to get through just about anything.
128 Articles
128 Articles
JPMorgan's Jamie Dimon Warns of Treasury Market ‘Kerfuffle’ That Could Force Fed to Intervene
JPMorgan Chase CEO Jamie Dimon is bracing for a disruption in the near $30 trillion U.S. Treasury market — one he says could force the Federal Reserve to step in, just as it did during the early days of the COVID-19 pandemic.“There will be a kerfuffle in the Treasury markets because of all the rules and regulations,” Dimon said in a Friday earnings call, warning that the Fed won’t act until “they start to panic a little bit."Dimon's comments com…
Sydney Morning Herald
The AgeIn the biggest job in the world, Trump is looking like a very small man
As everyone else gets yippy – JPMorgan’s Jamie Dimon warned of a recession – the president seems to be enjoying centre stage, toying with the strings like a cat.
J.P. Morgan & the Secret Financial Crisis That Created the Fed - Valuetainment
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'Nothing to worry about': Brutal Fox News parody 'Foxsplains' Trump tariffs
When President Donald Trump's tariffs were causing the stock market to plummet and JPMorgan Chase CEO Jamie Dimon was saying that a recession was "likely," many far-right pundits at Fox News and Fox Business defended Trump vigorously and urged their viewers not to worry."Daily Show" host Desi Lydic, in response, brutally mocked those pundits and their reflexive defense of Trump's economic policies in a parody video aired on Friday night, April 1…
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