“Prepare for possibilities and probabilities, not calling one course of action, since I’ve never seen anyone call it,” Dimon said in Saudi…
JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy.
In the latest of multiple warnings about what lies ahead from the head of the largest U.S. bank by assets, he cautioned that a myriad factors playing out now make things even more difficult. The comments reference back to the Fed outlook in early 2022 and for much of the previous year, when central bank officials insisted that the, collectively saw their key interest rate rising to just 2.8% by the end of 2023 — it is now north of 5.25% —Freed Israeli hostage recounts her abduction, describes ‘spider web' of tunnels under Gazaanother quarter percentage point rate hike before the end of 2023.
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Jamie Dimon and other top bankers visit Saudi Arabia as Israel-Hamas war ragesJPMorgan (JPM) CEO Jamie Dimon and Citigroup’s (C) Jane Fraser are among a raft of bankers attending Saudi Arabia’s annual investment conference Tuesday as Wall Street’s top names try to look beyond risks that the Israel-Hamas war could widen into a regional conflict.
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Jamie Dimon: 'The most serious thing facing mankind is nuclear proliferation'International bodies and proliferation experts warn that the danger of nuclear weapons use is higher than it's been in decades.
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Jamie Dimon: ‘The most serious thing facing mankind is nuclear proliferation'International bodies and proliferation experts warn that the danger of nuclear weapons use is higher than it’s been in decades.
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Jamie Dimon says central banks got forecasts '100% dead wrong' -- and it doesn't matter if Fed hikes rates againJamie Dimon said central banks 18 months ago got their economic forecasts “100% dead wrong” — and said it doesn’t matter whether the Fed hikes rates again this year. The out…
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What's next after 100 days in Hollywood actors strike with no dealWhile screenwriters are busy back at work, film and TV actors remain on picket lines, with the longest strike in their history hitting the 100-day mark Saturday after talks broke off with studios.
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Aston Villa hammers West Ham 4-1 in Premier League to maintain 100% home recordAston Villa’s incredible home form could provide a platform for a run at the Champions League spots in the Premier League this season. A 4-1 hammering of West Ham made it four straight wins and 17 goals in the process for Unai Emery’s team in its four matches at Villa Park so far.
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