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

แชร์
ฝัง
  • เผยแพร่เมื่อ 7 พ.ค. 2024
  • 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

ความคิดเห็น • 954

  • @wsj
    @wsj  13 วันที่ผ่านมา +34

    Watch the full, wide-ranging interview with JPMorgan Chase CEO Jamie Dimon here: on.wsj.com/4aWntus

    • @Teekles
      @Teekles 13 วันที่ผ่านมา +7

      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 12 วันที่ผ่านมา +2

      Economy grow but only in top 20%.

    • @carkawalakhatulistiwa
      @carkawalakhatulistiwa 12 วันที่ผ่านมา +1

      The interviewer seems to have a big ego. She should stay at home and look after the children

    • @ckchan3540
      @ckchan3540 11 วันที่ผ่านมา

      😅

  • @Jaymilnere
    @Jaymilnere 3 วันที่ผ่านมา +1123

    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 3 วันที่ผ่านมา +2

      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 3 วันที่ผ่านมา +2

      @@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 3 วันที่ผ่านมา +2

      @@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 3 วันที่ผ่านมา +2

      @@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 3 วันที่ผ่านมา +1

      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 2 วันที่ผ่านมา +887

    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 2 วันที่ผ่านมา

      Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.

    • @greekbarrios
      @greekbarrios 2 วันที่ผ่านมา

      The economy and stocks are two different things these days

    • @blaquopaque
      @blaquopaque 2 วันที่ผ่านมา

      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 2 วันที่ผ่านมา +1

      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 2 วันที่ผ่านมา +3

      *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 13 วันที่ผ่านมา +641

    “the consumer is in pretty good shape right now” i dont feel in pretty good shape

    • @wheressteve
      @wheressteve 13 วันที่ผ่านมา +34

      He's in really good shape right now so everyone else must be doing just fine too !

    • @CK-ur2ev
      @CK-ur2ev 13 วันที่ผ่านมา +78

      you are "a" consumer, not "the" consumer

    • @AndrewTran-bleh
      @AndrewTran-bleh 13 วันที่ผ่านมา +26

      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 13 วันที่ผ่านมา +16

      like he has said, some are in good, some are in bad.

    • @antihypocrisy8978
      @antihypocrisy8978 13 วันที่ผ่านมา +5

      He hangs with elites, not common folk

  • @teddmented
    @teddmented 13 วันที่ผ่านมา +179

    Tell Jamie I can’t login to my Chase account

    • @hilarydahl3722
      @hilarydahl3722 3 วันที่ผ่านมา

      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 15 ชั่วโมงที่ผ่านมา

      This is most likely an id 10 T error.

  • @festusmadidi2634
    @festusmadidi2634 12 วันที่ผ่านมา +386

    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 12 วันที่ผ่านมา

      @@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 12 วันที่ผ่านมา

      @@festusmadidi2634 My advisor is Victoria Carmen Santaella;

    • @Abelone-Alvilda
      @Abelone-Alvilda 12 วันที่ผ่านมา

      You can look her up online

    • @Abelone-Alvilda
      @Abelone-Alvilda 12 วันที่ผ่านมา

      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 12 วันที่ผ่านมา

      @@Abelone-Alvilda I will give this a look, thanks a bunch for sharing.

  • @lao-ce8982
    @lao-ce8982 13 วันที่ผ่านมา +625

    I love when millionaires tell how the working class population feel itself.

    • @neo5973
      @neo5973 13 วันที่ผ่านมา +10

      Legendary comment.

    • @hellzshotgun
      @hellzshotgun 13 วันที่ผ่านมา

      ​@@neo5973Legendary response

    • @skatersgowild
      @skatersgowild 13 วันที่ผ่านมา +72

      Correction billionaire

    • @KD-dl5gv
      @KD-dl5gv 13 วันที่ผ่านมา +2

      What part are u reffering to

    • @SGRyuma
      @SGRyuma 13 วันที่ผ่านมา +43

      He bases his argument on the numbers thats the fundamental of his job. It’s not about the rich or poor gap.

  • @LivingWithGout
    @LivingWithGout 13 วันที่ผ่านมา +359

    J.P Morgan stood up in his grave and applauded.

    • @rn8605
      @rn8605 13 วันที่ผ่านมา +2

    • @LoveForBluebirds
      @LoveForBluebirds 13 วันที่ผ่านมา +2

      LOL

    • @Karuska22ps
      @Karuska22ps 12 วันที่ผ่านมา +4

      ​@@rn8605 what type of ugly a emoji

    • @sudoprophet
      @sudoprophet 12 วันที่ผ่านมา +2

      @@Karuska22ps welcome to the world of an android user

    • @ElfProduct
      @ElfProduct 11 วันที่ผ่านมา

      @@sudoprophetlmao

  • @XxXNinjaFanXxX
    @XxXNinjaFanXxX 12 วันที่ผ่านมา +165

    the consumer is in pretty good shape
    as I spend 300 dollars for 2 bags of groceries

    • @hamzamahmood9565
      @hamzamahmood9565 11 วันที่ผ่านมา +4

      $300 for 2 bags? How big were they? Do you eat gold for breakfast?

    • @XxXNinjaFanXxX
      @XxXNinjaFanXxX 11 วันที่ผ่านมา +2

      @@hamzamahmood9565 2 paper bags, literally nothing fancy except for the butcher shop meats.

    • @eddiemalvin
      @eddiemalvin 11 วันที่ผ่านมา +9

      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 11 วันที่ผ่านมา +13

      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 9 วันที่ผ่านมา

      😂😊

  • @zorgee
    @zorgee 13 วันที่ผ่านมา +191

    as usual a suck up interview with no hard questions.

    • @AntonioMac3301
      @AntonioMac3301 12 วันที่ผ่านมา +12

      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 9 วันที่ผ่านมา

      Despicable -

    • @bleacherz7503
      @bleacherz7503 9 วันที่ผ่านมา

      @@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 5 วันที่ผ่านมา

      No follow up questions or challenging him on his answers.

  • @Vin-pd7mh
    @Vin-pd7mh 13 วันที่ผ่านมา +114

    Everyone was a genius at zero % FED FUNDS RATE 😈😈

    • @carlosrivas5386
      @carlosrivas5386 12 วันที่ผ่านมา +3

      Especially of you move the rates as per your needs, as FED is a private institution

  • @christiand.7404
    @christiand.7404 13 วันที่ผ่านมา +150

    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 12 วันที่ผ่านมา

      💯

    • @saiki1989
      @saiki1989 12 วันที่ผ่านมา +17

      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 12 วันที่ผ่านมา

      @@saiki1989 You are missing some propaganda brainwashing from the mainstream media :)

    • @aidancollins1591
      @aidancollins1591 12 วันที่ผ่านมา +2

      It was a reasonable thing to believe at the time, but incorrect in hindsight, conspiratorial nonsense aside.

    • @eddieyang7970
      @eddieyang7970 12 วันที่ผ่านมา

      He runs a bank, he does not run the economy

  • @zenastronomy
    @zenastronomy 13 วันที่ผ่านมา +219

    "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 13 วันที่ผ่านมา +10

      Nailed it!

    • @LoveForBluebirds
      @LoveForBluebirds 13 วันที่ผ่านมา +17

      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 12 วันที่ผ่านมา +2

      @@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 10 วันที่ผ่านมา +1

      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 10 วันที่ผ่านมา

      @@theonlycaulfield another cake eater. they always say the same before each disaster.

  • @JEEDUHCHRI
    @JEEDUHCHRI 12 วันที่ผ่านมา +24

    When you control the game board, the rules, the playing field and you tell the players how they’re doing.

  • @sergiomendozamedrano8994
    @sergiomendozamedrano8994 11 วันที่ผ่านมา +13

    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 8 วันที่ผ่านมา

      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 .

  • @diabetes1.564
    @diabetes1.564 13 วันที่ผ่านมา +19

    He knows a lot but people are not good. They are hungry and at each others’ throat on the low level

  • @TheAkan99
    @TheAkan99 13 วันที่ผ่านมา +32

    Is this an ad?

    • @mikewhit
      @mikewhit 12 วันที่ผ่านมา +6

      for the corrupt and criminal regime

    • @hakikitosunpasabenim3088
      @hakikitosunpasabenim3088 8 วันที่ผ่านมา

      Looks like they’re prepping him for presidency.

  • @RickWatson-xu6gw
    @RickWatson-xu6gw 10 วันที่ผ่านมา +616

    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 10 วันที่ผ่านมา +4

      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 10 วันที่ผ่านมา +4

      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 10 วันที่ผ่านมา +2

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @A_francis
      @A_francis 10 วันที่ผ่านมา +1

      *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 10 วันที่ผ่านมา

      Vote for Trump

  • @AmadeusDR
    @AmadeusDR 13 วันที่ผ่านมา +43

    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 10 วันที่ผ่านมา +2

      Couldn’t have said it better. Great objective take.

  • @joonhwi86
    @joonhwi86 13 วันที่ผ่านมา +99

    Sounds like he’s running for president

    • @user-fb8bo3ys2f
      @user-fb8bo3ys2f 13 วันที่ผ่านมา +43

      I’d vote for him over the other two losers….

    • @ghosthdel3098
      @ghosthdel3098 13 วันที่ผ่านมา

      @@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 13 วันที่ผ่านมา +4

      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 13 วันที่ผ่านมา +16

      I'd elect a billionaire banker over a billionaire fraudster any day

    • @MrMountain707
      @MrMountain707 13 วันที่ผ่านมา +1

      a banker? lol

  • @AndrewQuiroz24
    @AndrewQuiroz24 12 วันที่ผ่านมา +10

    When you keep printing and printing and printing, I just don't understand how you can stop inflation.

    • @tylertheobald6407
      @tylertheobald6407 10 วันที่ผ่านมา +2

      You don’t, its called Bidenomics

    • @cle_roknn3742
      @cle_roknn3742 10 วันที่ผ่านมา

      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.

  • @melvinmabaquiao3159
    @melvinmabaquiao3159 13 วันที่ผ่านมา +11

    are we still trying to land?

  • @fernandoboero1852
    @fernandoboero1852 13 วันที่ผ่านมา +34

    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 12 วันที่ผ่านมา +3

      Na, we are far from 1973. The millennial generation has lived through multiple proposed end of the worlds, and recessions.

    • @sirclark4405
      @sirclark4405 12 วันที่ผ่านมา +1

      Only difference is now a homestead will set you back a cool quarter of a million dollars.

    • @ryen49
      @ryen49 12 วันที่ผ่านมา

      @@sirclark4405wagers were. Much lower than do the inflation math

    • @inquisitive8903
      @inquisitive8903 8 วันที่ผ่านมา

      ​@@sirclark4405 what's a homestead...growing your own food..??

  • @eshraqsalahuddin115
    @eshraqsalahuddin115 12 วันที่ผ่านมา +8

    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 8 วันที่ผ่านมา

      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.

  • @kentucky4494
    @kentucky4494 13 วันที่ผ่านมา +131

    *YT Quick Survey:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?

    • @bertjames436
      @bertjames436 13 วันที่ผ่านมา +1

      None!!!! considering the present unpredictable market volatility there are over a thousand reasons why the market is a no go especially now.

    • @michealweebles6258
      @michealweebles6258 13 วันที่ผ่านมา +2

      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.

    • @michealweebles6258
      @michealweebles6258 13 วันที่ผ่านมา

      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 11 วันที่ผ่านมา

      Bitcoin of course... Technology + adoption curve.

    • @teekay_1
      @teekay_1 9 วันที่ผ่านมา

      @@michealweebles6258 *Kelly Marie Matwick* was just sent to jail for cheating investors.

  • @incyphe
    @incyphe 13 วันที่ผ่านมา +18

    In the history of business cycle, a soft landing only occurred once 30 years ago. So he is right to be skeptical.

    • @jonathanmack6285
      @jonathanmack6285 13 วันที่ผ่านมา

      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 13 วันที่ผ่านมา

      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 12 วันที่ผ่านมา

      What would a hard landing look like?

    • @curiousobserver123
      @curiousobserver123 11 วันที่ผ่านมา +1

      recession bro@@BanterBureau

  • @Angel.Diez.Ovelar
    @Angel.Diez.Ovelar 13 วันที่ผ่านมา +15

    Nice World hes living it.......

    • @LaSombraa
      @LaSombraa 12 วันที่ผ่านมา

      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.

  • @Xicheng17
    @Xicheng17 13 วันที่ผ่านมา +6

    Either soft or hard landings have possibilities, just be prepared for both.

  • @porroapp
    @porroapp 13 วันที่ผ่านมา +6

    Why this disconnect?

  • @nate_8403
    @nate_8403 13 วันที่ผ่านมา +5

    Dimon: I took so much money, there's no way you're getting out of this!

  • @IzoMav
    @IzoMav 12 วันที่ผ่านมา +3

    When he mentioned that he reads "The Exchange" what's he referring to?

  • @casnimot
    @casnimot 12 วันที่ผ่านมา +13

    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 12 วันที่ผ่านมา

      No one is getting more of anything except the frauds like in this video

    • @kp-iy7lc
      @kp-iy7lc 12 วันที่ผ่านมา +4

      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 12 วันที่ผ่านมา

      Does your pension adjust with inflation?

    • @pauls3075
      @pauls3075 12 วันที่ผ่านมา +2

      Get a job as a Burger flipper, you get $20 / hr and free burgers! win win.

    • @casnimot
      @casnimot 12 วันที่ผ่านมา +1

      @@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.

  • @davebrewer7170
    @davebrewer7170 13 วันที่ผ่านมา +5

    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 10 วันที่ผ่านมา

      What are you talking about? She asked a wide variety of questions.

    • @plica06
      @plica06 5 วันที่ผ่านมา +1

      And didn't challenge him on anything he said. He could have told her jokes back and she would have accepted that.

    • @theonlycaulfield
      @theonlycaulfield 5 วันที่ผ่านมา

      @@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.

  • @Ouphfta
    @Ouphfta 13 วันที่ผ่านมา +25

    5 days in the office = old thinking

  • @frostmelody
    @frostmelody 10 วันที่ผ่านมา

    Where you get full interview for free?

  • @hossflat5757
    @hossflat5757 11 วันที่ผ่านมา

    That was one of the best interviews I ever seen, probably edited but good job

  • @seancormier5961
    @seancormier5961 13 วันที่ผ่านมา +18

    Who’s gonna carry the boats?Hard landing. Stay hard.

    • @joemq
      @joemq 11 วันที่ผ่านมา

      In the English Channel?

  • @Kevin-oc2jb
    @Kevin-oc2jb 12 วันที่ผ่านมา +4

    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.

  • @willteasel6099
    @willteasel6099 11 วันที่ผ่านมา +3

    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.

  • @ElMismisimoManu2
    @ElMismisimoManu2 13 วันที่ผ่านมา +11

    Western oligarchs' opinions are always so transparent.

  • @satoriasimov9169
    @satoriasimov9169 12 วันที่ผ่านมา +2

    And yet our purchasing power has diminished severly

  • @Starship007
    @Starship007 13 วันที่ผ่านมา +2

    Yes, the government spending money from thin air is supporting or buoying the present economy but the piper must be paid

  • @workhobbyist8471
    @workhobbyist8471 11 วันที่ผ่านมา

    Love how the editor-in-chief ask questions.

  • @killap3nguin
    @killap3nguin 11 วันที่ผ่านมา +2

    When he says consumer is in good shape they aren’t. The personal savings rate is the lowest number ever. 3%.

    • @theonlycaulfield
      @theonlycaulfield 10 วันที่ผ่านมา

      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.

  • @vishnu311990
    @vishnu311990 12 วันที่ผ่านมา +4

    *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 9 วันที่ผ่านมา

      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?

  • @MorrisFilmPhoto
    @MorrisFilmPhoto 12 วันที่ผ่านมา +4

    Thanks 4 Great Interview! ⭐️

  • @Czechbound
    @Czechbound 12 วันที่ผ่านมา +1

    18 years ... relatively young when he started, and was a bank ceo before his current job. That's a global exec right there

  • @samnater
    @samnater 11 วันที่ผ่านมา +1

    Good thing I already bought calls. Thanks Jamie.

  • @jonesfrederick1228
    @jonesfrederick1228 11 วันที่ผ่านมา +9

    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 11 วันที่ผ่านมา

      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 11 วันที่ผ่านมา

      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 11 วันที่ผ่านมา

      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 11 วันที่ผ่านมา

      I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States

    • @valleygray
      @valleygray 11 วันที่ผ่านมา

      I realized that the secret to making a million is making better investment.

  • @kirkdogg007
    @kirkdogg007 12 วันที่ผ่านมา +10

    If you were sitting on over1 trillion in commercial debt this is how you would sound.

  • @jasonlammers8022
    @jasonlammers8022 12 วันที่ผ่านมา +2

    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.

  • @McMcMike11
    @McMcMike11 13 วันที่ผ่านมา +15

    He is definitely running. Make America JP Morgan

  • @jdiaz9190
    @jdiaz9190 7 วันที่ผ่านมา +3

    This same guy said bitcoin was a scam, and he buys millions worth of it. How can anyone trust what he says.

  • @sheepman6291
    @sheepman6291 13 วันที่ผ่านมา +16

    LOL "Who keeps you in Check."
    Jamie "Well. . . My wife."

    • @hakikitosunpasabenim3088
      @hakikitosunpasabenim3088 8 วันที่ผ่านมา

      The guy runs the world economy and thinks people are doing fine

  • @mybinis6664
    @mybinis6664 9 วันที่ผ่านมา

    "sorry i didnt have time to write a shorter email" is the best thing I heard from Dimon

  • @lchen7655
    @lchen7655 12 วันที่ผ่านมา

    12:03, any one know what "Exchange" and "FT" he is referring to? Is the a WSJ section or a different media?

  • @AndreaDoesYoga
    @AndreaDoesYoga 13 วันที่ผ่านมา +12

    Interesting perspective, Dimon, let's see how it unfolds 🌐

  • @Simonpt2000
    @Simonpt2000 12 วันที่ผ่านมา +8

    Dimon is a good man unlike those guys at Blackrock

  • @matster777
    @matster777 11 วันที่ผ่านมา +2

    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

  • @imthelovestamp
    @imthelovestamp 7 วันที่ผ่านมา

    Great questions, solid interview

  • @ericanderson3534
    @ericanderson3534 12 วันที่ผ่านมา +3

    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 12 วันที่ผ่านมา

      so what do you say now?

    • @redblacktichy7713
      @redblacktichy7713 12 วันที่ผ่านมา

      ​@@aviralgupta393 He said nothing..

  • @jimbojimbo6873
    @jimbojimbo6873 13 วันที่ผ่านมา +11

    The world needs a hard landing, hard landing to stay hard

  • @Starship007
    @Starship007 13 วันที่ผ่านมา

    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.

  • @Mando_Trucker
    @Mando_Trucker 13 วันที่ผ่านมา +1

    When he said the consumer is in pretty good shape, I wouldn't take his insight on the real world.

  • @Timurlane64
    @Timurlane64 12 วันที่ผ่านมา +4

    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.

  • @grovve8960
    @grovve8960 13 วันที่ผ่านมา +5

    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!

  • @xcel5203
    @xcel5203 12 วันที่ผ่านมา +2

    Ask the scoundrel how many times his bank has been found guilty and fined .

  • @dodgingbirds
    @dodgingbirds 10 วันที่ผ่านมา +1

    I love his non-answer when she asked about whether “Bidenomics” is working for regular people.

  • @gasan6599
    @gasan6599 12 วันที่ผ่านมา +2

    "Free democratic western world". He forgot to put on a clown paint.

  • @Cesco_S
    @Cesco_S 13 วันที่ผ่านมา +13

    Nice to see some common sense from an American… great man

    • @rn8605
      @rn8605 13 วันที่ผ่านมา

      🤣

    • @davebrewer7170
      @davebrewer7170 13 วันที่ผ่านมา

      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

  • @encompassvideo5429
    @encompassvideo5429 6 วันที่ผ่านมา

    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.

  • @charlie10010
    @charlie10010 13 วันที่ผ่านมา +2

    Dimon is a great executive.

  • @anoriolkoyt
    @anoriolkoyt 13 วันที่ผ่านมา +6

    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 13 วันที่ผ่านมา

      He has always been outspoken, this isn't new.

    • @RagingGeekazoid
      @RagingGeekazoid 12 วันที่ผ่านมา

      the powers THAT be

  • @QuantumEX
    @QuantumEX 13 วันที่ผ่านมา +17

    The difference between Dimon and Elon, is that Dimon is a smart charlatan.

  • @HECTORAND11
    @HECTORAND11 10 วันที่ผ่านมา

    It tells you a lot about the problem with corporate America and politicians that in just the very first question Jamie deflects to mention geopolitics instead of recognizing the very real and immediate economic troubles tormenting Americans

  • @barrettbritt
    @barrettbritt 11 วันที่ผ่านมา +1

    Claiming home prices rising as a factor of why the consumer is doing pretty good… yeah, only if you own a home! Everyone else is worse off because of it.

  • @hitchensfollower6966
    @hitchensfollower6966 13 วันที่ผ่านมา +7

    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.

  • @cwaddle
    @cwaddle 9 วันที่ผ่านมา +3

    I like this guy. He speaks in a super layman fashion for someone in his position and not afraid to speak pretty bluntly

  • @raiderdrew988
    @raiderdrew988 11 วันที่ผ่านมา +1

    Jamie 💎 said we’re in the 1970’s 2.0 wow 🤩 BUY GOLD and SILVER

  • @pfv1247
    @pfv1247 13 วันที่ผ่านมา +1

    How the heck does this guy look so fn radiant and youthful? His skin is glowing and his eyes are sharp and twinkling!!

    • @vjanssens399
      @vjanssens399 11 วันที่ผ่านมา +2

      Being a billionaire helps

  • @speedy0
    @speedy0 13 วันที่ผ่านมา +15

    Like him or not. Dimon has evolve over time as a shrewd businessman / CEO with a pulse on “global” economy.

    • @zenastronomy
      @zenastronomy 13 วันที่ผ่านมา +1

      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 13 วันที่ผ่านมา +1

      He is a super grifter. Despicable human in the actions he allows his henchmen to undertake

  • @jamesbowman1767
    @jamesbowman1767 11 วันที่ผ่านมา +10

    I cannot understand why this guy gets so much respect.

    • @thepmj18
      @thepmj18 11 วันที่ผ่านมา +1

      😂

    • @enkibumbu
      @enkibumbu 11 วันที่ผ่านมา +4

      I assume he is a very charismatic and capable psychopath.

    • @samnater
      @samnater 11 วันที่ผ่านมา +1

      @@enkibumbubingo!

    • @Geniere10
      @Geniere10 11 วันที่ผ่านมา

      Jealous much?

  • @edward967
    @edward967 13 วันที่ผ่านมา +2

    Jamie sure sounds like someone who is going to run for president one day

  • @kazuhirala
    @kazuhirala 6 วันที่ผ่านมา

    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.

  • @jjburns8762
    @jjburns8762 13 วันที่ผ่านมา +32

    Great interview. Jamie sure seems very genuine & honest. However every CEO has dark secrets that are never spoken publicly.

    • @Freiheit1232
      @Freiheit1232 13 วันที่ผ่านมา +10

      What insight…

    • @jacobbwalters8133
      @jacobbwalters8133 13 วันที่ผ่านมา +11

      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 13 วันที่ผ่านมา

      jamie did interviews like this while he was running all of Jeffrey Epsteins banking

  • @Stephen-we6do
    @Stephen-we6do 13 วันที่ผ่านมา +5

    It's hilarious that he says he finds war horrible but then literally says the US state talking points.

  • @pawelek7
    @pawelek7 5 ชั่วโมงที่ผ่านมา

    When the bank makes the most money. During the war.

  • @neigggggggg
    @neigggggggg 10 วันที่ผ่านมา

    5:28 why was this edited when Dimon spoke about Israel?

  • @theshimario253
    @theshimario253 13 วันที่ผ่านมา +5

    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.

  • @Satpalsingh-cg4pf
    @Satpalsingh-cg4pf 12 วันที่ผ่านมา +5

    Uh 75% of Americans r struggling not only the bottom 20%a

  • @rebelsenator3676
    @rebelsenator3676 9 วันที่ผ่านมา

    The correct number of office days is zero.

  • @Starship007
    @Starship007 13 วันที่ผ่านมา +1

    Mass migrations from Hawaii, west coast, New York due to climate change, homelessness/crime, insurance costs, and more tax friendly states.

  • @Teekles
    @Teekles 13 วันที่ผ่านมา +22

    I'd bet my breakfast Jamie doesn't wake up at 4:30 routinely (would be happy to take him out for breakfast even though I largely don't agree with his outlook). His face says 6:30 am, skimming papers not entire sections, and likely more Pilates than finance. Also, you can't really have it both ways: On the whole, you care about the American public and are excited to serve in the cabinet or you run a private big bank and it's selfish interests come first. Can't say you care about the public and be too afraid to get into politics because of what the public says. Also, the 'I'm not a politician' is the ultimate farcical political answer. Inflation is a real issue and we agree there, but Diemon criticizes the Basel III endgame which will make banks safer and reduce the chances of giant bailout spending packages which increase inflation. His actions and words don't exactly align in my book.

    • @adityag485
      @adityag485 13 วันที่ผ่านมา +1

      He wakes up between 4:30-5:30

    • @adityag485
      @adityag485 13 วันที่ผ่านมา +2

      The problem with Basel 3 is quite simple even though it increases the capital banks have to hold and it makes them safer, it reduces the amount of money banks can loan out so it makes it more expensive and harder to loan it out to smaller and medium-sized businesses thereby eliminating a lot of them

    • @jacobbwalters8133
      @jacobbwalters8133 13 วันที่ผ่านมา

      I don’t think he said that he would be willing to be a cabinet secretary, he said that he would be willing to assist either president. That could be construed to mean a cabinet position, as he didn’t specifically rule out Commerce (an obvious position for someone of his background) the way he did Treasury or Fed Chair, but it more likely means he would be willing to serve as an economic advisor or on a council of economic advisors as we have seen many CEOs do in the past. Those wouldn’t be cabinet level positions and would allow him to continue to still serve in his role at JP Morgan while also serving the country in an advisory position- similar to the way CEOs often serve on other corporations corporate boards.

  • @LaboriousCretin
    @LaboriousCretin 13 วันที่ผ่านมา +5

    Algorithmic trading, predatory economics, birth gap and pyramid social programs. The A.I. and automaton replacement curve. Wealth gap and class system. Countries debts and fiat money.

  • @jamespaceband8569
    @jamespaceband8569 9 วันที่ผ่านมา

    Great interview. 👍

  • @XxDreamBotxX
    @XxDreamBotxX 10 วันที่ผ่านมา

    Man I would love Jamie in a cabinet role really making future seeking policy this man is Smart and sees the full picture

  • @LuccaWeber1
    @LuccaWeber1 7 วันที่ผ่านมา +3

    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 7 วันที่ผ่านมา +3

      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 7 วันที่ผ่านมา +2

      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 7 วันที่ผ่านมา +2

      @@spacecadet6who is your advisor please, if you don't mind me asking?

    • @spacecadet6
      @spacecadet6 7 วันที่ผ่านมา +1

      *Gertrude Margaret Quinto* maintains an online presence. Just make a simple search for her name online.

    • @elease.eichersli
      @elease.eichersli 7 วันที่ผ่านมา

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @immortal4942
    @immortal4942 13 วันที่ผ่านมา +5

    the american and canadians are in for a rude awakening if they think things will be rosy for the next 10 years as it has been for the last.

  • @sudu916
    @sudu916 12 วันที่ผ่านมา

    What about his quote on India ?

  • @ebutuoyYT
    @ebutuoyYT 13 วันที่ผ่านมา +1

    Why would the common man or woman in the USA or Western Europe fight in WW3?
    The great sacrifices, paid in blood and fear of WW1 & WW2 have resulted in a state of financial dictatorship, that has the seen a few super rich, hoard vast wealth, while throwing a few loaves to the middle classes and just a few crumbs to working classes.