JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated, by any measure," Dimon told CNBC in Davos. He added that "they are in the top 10% or 15%" of historical valuations.
JP Morgan Chase CEO Jamie Dimon on Wednesday weighed in on President Trump’s proposed tariffs on Canada, Mexico and China among other nations, saying national security benefits would outweigh any
JPMorga CEO Jamie Dimon voiced support for Trump's proposed tariffs, highlighting their potential national security and economic benefits despite concerns over inflation.
Welcome to The Hill’s Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story ‘Get over it’: Dimon defends Trump on tariffs
The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
The U.N. chief ratcheted up his warning about climate change and said the world’s thirst for fossil fuels is a “Frankenstein monster” that spares no one, while calling for greater attention to risks posed by artificial intelligence if its ascent goes ungoverned.
JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a media report.
Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.
Dimon’s credibility with markets is rooted in his actions in advance of the 2008 recession: He noticed that underwriting standards on Wall Street were declining and instructed his firm to trim its exposure to subprime mortgages beginning in late 2006. That helped JPMorgan avoid the worst of the crisis.
JPMorgan CEO Jamie Dimon said that working to include marginalized groups is good for the business's bottom line