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

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  • čas přidán 13. 05. 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

Komentáře • 966

  • @wsj
    @wsj  Před 18 dny +35

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

    • @Teekles
      @Teekles Před 18 dny +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 Před 18 dny +2

      Economy grow but only in top 20%.

    • @carkawalakhatulistiwa
      @carkawalakhatulistiwa Před 18 dny +1

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

    • @ckchan3540
      @ckchan3540 Před 17 dny

      😅

  • @Jaymilnere
    @Jaymilnere Před 9 dny +1126

    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 Před 9 dny +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 Před 9 dny +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 Před 9 dny +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 Před 9 dny +2

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    • @Jaymilnere
      @Jaymilnere Před 9 dny +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 Před 8 dny +889

    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 Před 8 dny

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

    • @greekbarrios
      @greekbarrios Před 8 dny

      The economy and stocks are two different things these days

    • @blaquopaque
      @blaquopaque Před 8 dny

      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 Před 8 dny +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 Před 8 dny +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 Před 18 dny +649

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

    • @wheressteve
      @wheressteve Před 18 dny +35

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

    • @CK-ur2ev
      @CK-ur2ev Před 18 dny +80

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

    • @AndrewTran-bleh
      @AndrewTran-bleh Před 18 dny +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 Před 18 dny +16

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

    • @antihypocrisy8978
      @antihypocrisy8978 Před 18 dny +5

      He hangs with elites, not common folk

  • @lao-ce8982
    @lao-ce8982 Před 18 dny +634

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

    • @neo5973
      @neo5973 Před 18 dny +11

      Legendary comment.

    • @hellzshotgun
      @hellzshotgun Před 18 dny

      ​@@neo5973Legendary response

    • @skatersgowild
      @skatersgowild Před 18 dny +73

      Correction billionaire

    • @KD-dl5gv
      @KD-dl5gv Před 18 dny +2

      What part are u reffering to

    • @SGRyuma
      @SGRyuma Před 18 dny +43

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

  • @teddmented
    @teddmented Před 18 dny +185

    Tell Jamie I can’t login to my Chase account

    • @hilarydahl3722
      @hilarydahl3722 Před 9 dny

      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 Před 6 dny

      This is most likely an id 10 T error.

  • @festusmadidi2634
    @festusmadidi2634 Před 17 dny +387

    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 Před 17 dny

      @@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 Před 17 dny

      @@festusmadidi2634 My advisor is Victoria Carmen Santaella;

    • @Abelone-Alvilda
      @Abelone-Alvilda Před 17 dny

      You can look her up online

    • @Abelone-Alvilda
      @Abelone-Alvilda Před 17 dny

      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 Před 17 dny

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

  • @LivingWithGout
    @LivingWithGout Před 18 dny +361

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

  • @XxXNinjaFanXxX
    @XxXNinjaFanXxX Před 18 dny +169

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

    • @hamzamahmood9565
      @hamzamahmood9565 Před 16 dny +4

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

    • @XxXNinjaFanXxX
      @XxXNinjaFanXxX Před 16 dny +3

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

    • @eddiemalvin
      @eddiemalvin Před 16 dny +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 Před 16 dny +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 Před 15 dny

      😂😊

  • @RickWatson-xu6gw
    @RickWatson-xu6gw Před 16 dny +615

    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 Před 16 dny +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 Před 16 dny +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 Před 16 dny +2

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

    • @A_francis
      @A_francis Před 16 dny +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 Před 15 dny

      Vote for Trump

  • @zorgee
    @zorgee Před 18 dny +192

    as usual a suck up interview with no hard questions.

    • @AntonioMac3301
      @AntonioMac3301 Před 18 dny +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 Před 15 dny

      Despicable -

    • @bleacherz7503
      @bleacherz7503 Před 15 dny

      @@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 Před 10 dny

      No follow up questions or challenging him on his answers.

  • @zenastronomy
    @zenastronomy Před 18 dny +220

    "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 Před 18 dny +10

      Nailed it!

    • @LoveForBluebirds
      @LoveForBluebirds Před 18 dny +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 Před 18 dny +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 Před 15 dny +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 Před 15 dny

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

  • @Vin-pd7mh
    @Vin-pd7mh Před 18 dny +114

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

    • @carlosrivas5386
      @carlosrivas5386 Před 18 dny +3

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

  • @JEEDUHCHRI
    @JEEDUHCHRI Před 18 dny +26

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

  • @christiand.7404
    @christiand.7404 Před 18 dny +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 Před 18 dny

      💯

    • @saiki1989
      @saiki1989 Před 18 dny +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 Před 18 dny

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

    • @aidancollins1591
      @aidancollins1591 Před 18 dny +2

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

    • @eddieyang7970
      @eddieyang7970 Před 18 dny

      He runs a bank, he does not run the economy

  • @sergiomendozamedrano8994
    @sergiomendozamedrano8994 Před 17 dny +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 Před 13 dny

      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 Před 18 dny +19

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

  • @AmadeusDR
    @AmadeusDR Před 18 dny +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 Před 16 dny +2

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

  • @AndrewQuiroz24
    @AndrewQuiroz24 Před 17 dny +10

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

    • @tylertheobald6407
      @tylertheobald6407 Před 15 dny +2

      You don’t, its called Bidenomics

    • @cle_roknn3742
      @cle_roknn3742 Před 15 dny

      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.

  • @joonhwi86
    @joonhwi86 Před 18 dny +99

    Sounds like he’s running for president

    • @user-fb8bo3ys2f
      @user-fb8bo3ys2f Před 18 dny +43

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

    • @ghosthdel3098
      @ghosthdel3098 Před 18 dny

      @@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 Před 18 dny +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 Před 18 dny +16

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

    • @MrMountain707
      @MrMountain707 Před 18 dny +1

      a banker? lol

  • @melvinmabaquiao3159
    @melvinmabaquiao3159 Před 18 dny +12

    are we still trying to land?

  • @RusuSilva
    @RusuSilva Před 9 hodinami +4

    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 Před 9 hodinami +2

      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 Před 9 hodinami +2

      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 Před 9 hodinami +1

      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 Před 9 hodinami +1

      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 Před 9 hodinami

      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.

  • @IzoMav
    @IzoMav Před 18 dny +3

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

  • @fernandoboero1852
    @fernandoboero1852 Před 18 dny +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 Před 18 dny +3

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

    • @sirclark4405
      @sirclark4405 Před 18 dny +2

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

    • @ryen49
      @ryen49 Před 18 dny

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

    • @inquisitive8903
      @inquisitive8903 Před 14 dny

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

  • @porroapp
    @porroapp Před 18 dny +6

    Why this disconnect?

  • @kentucky4494
    @kentucky4494 Před 18 dny +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 Před 18 dny +1

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

    • @MichaelWeebles
      @MichaelWeebles Před 18 dny +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.

    • @MichaelWeebles
      @MichaelWeebles Před 18 dny

      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 Před 17 dny

      Bitcoin of course... Technology + adoption curve.

    • @teekay_1
      @teekay_1 Před 14 dny

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

  • @Xicheng17
    @Xicheng17 Před 18 dny +6

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

  • @TheAkan99
    @TheAkan99 Před 18 dny +32

    Is this an ad?

  • @eshraqsalahuddin115
    @eshraqsalahuddin115 Před 17 dny +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 Před 14 dny

      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.

  • @Angel.Diez.Ovelar
    @Angel.Diez.Ovelar Před 18 dny +15

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

    • @LaSombraa
      @LaSombraa Před 18 dny

      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.

  • @grandexchange378
    @grandexchange378 Před 3 dny +1

    “The consumer is in pretty good shape” yet all we see at the stores is prices rising.

  • @hossflat5757
    @hossflat5757 Před 16 dny

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

  • @jdiaz9190
    @jdiaz9190 Před 13 dny +3

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

  • @nate_8403
    @nate_8403 Před 18 dny +5

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

  • @lchen7655
    @lchen7655 Před 17 dny

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

  • @imthelovestamp
    @imthelovestamp Před 12 dny

    Great questions, solid interview

  • @incyphe
    @incyphe Před 18 dny +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 Před 18 dny

      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 Před 18 dny

      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 Před 18 dny

      What would a hard landing look like?

    • @curiousobserver123
      @curiousobserver123 Před 17 dny +1

      recession bro@@BanterBureau

  • @willteasel6099
    @willteasel6099 Před 17 dny +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.

  • @frostmelody
    @frostmelody Před 16 dny

    Where you get full interview for free?

  • @workhobbyist8471
    @workhobbyist8471 Před 16 dny

    Love how the editor-in-chief ask questions.

  • @MorrisFilmPhoto
    @MorrisFilmPhoto Před 18 dny +4

    Thanks 4 Great Interview! ⭐️

  • @jonesfrederick1228
    @jonesfrederick1228 Před 16 dny +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 Před 16 dny

      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 Před 16 dny

      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 Před 16 dny

      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 Před 16 dny

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

    • @valleygray
      @valleygray Před 16 dny

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

  • @jamespaceband8569
    @jamespaceband8569 Před 14 dny

    Great interview. 👍

  • @vishnu311990
    @vishnu311990 Před 17 dny +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 Před 15 dny

      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?

  • @Ouphfta
    @Ouphfta Před 18 dny +25

    5 days in the office = old thinking

  • @Kevin-oc2jb
    @Kevin-oc2jb Před 18 dny +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.

  • @samnater
    @samnater Před 16 dny +1

    Good thing I already bought calls. Thanks Jamie.

  • @davebrewer7170
    @davebrewer7170 Před 18 dny +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 Před 15 dny

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

    • @plica06
      @plica06 Před 10 dny +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 Před 10 dny

      @@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.

  • @satoriasimov9169
    @satoriasimov9169 Před 18 dny +2

    And yet our purchasing power has diminished severly

  • @AndreaDoesYoga
    @AndreaDoesYoga Před 18 dny +12

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

  • @maratkarapetyan4400
    @maratkarapetyan4400 Před 16 dny +1

    Fine Man God Bless Him . God Bless USA

  • @ku4eriavenko
    @ku4eriavenko Před 18 dny

    Good job, Emma!

  • @Starship007
    @Starship007 Před 18 dny +2

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

  • @casnimot
    @casnimot Před 18 dny +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 Před 18 dny

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

    • @kp-iy7lc
      @kp-iy7lc Před 18 dny +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 Před 18 dny

      Does your pension adjust with inflation?

    • @pauls3075
      @pauls3075 Před 18 dny +2

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

    • @casnimot
      @casnimot Před 17 dny +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.

  • @stevemcphail3586
    @stevemcphail3586 Před 18 dny +1

    What a great guy ! 👍

  • @charlie10010
    @charlie10010 Před 18 dny +3

    Dimon is a great executive.

  • @seancormier5961
    @seancormier5961 Před 18 dny +18

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

    • @joemq
      @joemq Před 16 dny

      In the English Channel?

  • @SofiaCMartinez
    @SofiaCMartinez Před 16 dny +6

    I already looked for your videos to update them! Our government has no idea how people are suffering economically these days in the world. Thank you Ms. Melanie Rose Caparro, imagine investing $6,000 and receiving $14,000 every 8 days. It is important that everyone prioritizes investment

    • @DiegoGabriela
      @DiegoGabriela Před 16 dny

      I Thank God for Bringing Mrs Melanie Rose Caparro brokage service into my life, I'm happy for God's grace have found me ..Amen❤️❤️❤️

  • @abbasobaidi2555
    @abbasobaidi2555 Před 9 dny

    awsome video

  • @Starship007
    @Starship007 Před 18 dny

    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 Před 18 dny +11

    Western oligarchs' opinions are always so transparent.

  • @sheepman6291
    @sheepman6291 Před 18 dny +16

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

  • @jasonfranz5623
    @jasonfranz5623 Před 18 dny

    Legend

  • @user-dt5nj3uk2s
    @user-dt5nj3uk2s Před 18 dny +1

    He is awesome

  • @ericanderson3534
    @ericanderson3534 Před 18 dny +3

    I respect Dimon and while the comments make me think listening will be a waste of my time, Ill give it a try.

  • @Simonpt2000
    @Simonpt2000 Před 18 dny +8

    Dimon is a good man unlike those guys at Blackrock

  • @killap3nguin
    @killap3nguin Před 16 dny +2

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

    • @theonlycaulfield
      @theonlycaulfield Před 15 dny

      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.

  • @Czechbound
    @Czechbound Před 17 dny +1

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

  • @McMcMike11
    @McMcMike11 Před 18 dny +15

    He is definitely running. Make America JP Morgan

  • @gasan6599
    @gasan6599 Před 18 dny +2

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

  • @matster777
    @matster777 Před 17 dny +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

  • @pawelek7
    @pawelek7 Před 5 dny +1

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

  • @kirkdogg007
    @kirkdogg007 Před 18 dny +10

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

  • @jimbojimbo6873
    @jimbojimbo6873 Před 18 dny +11

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

  • @mybinis6664
    @mybinis6664 Před 14 dny

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

  • @LuccaWeber1
    @LuccaWeber1 Před 12 dny +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 Před 12 dny +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 Před 12 dny +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 Před 12 dny +2

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

    • @spacecadet6
      @spacecadet6 Před 12 dny +1

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

    • @elease.eichersli
      @elease.eichersli Před 12 dny

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

  • @Timurlane64
    @Timurlane64 Před 18 dny +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.

  • @jasonlammers8022
    @jasonlammers8022 Před 18 dny +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.

  • @neigggggggg
    @neigggggggg Před 16 dny

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

  • @Cesco_S
    @Cesco_S Před 18 dny +13

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

    • @rn8605
      @rn8605 Před 18 dny

      🤣

    • @davebrewer7170
      @davebrewer7170 Před 18 dny

      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

  • @cwaddle
    @cwaddle Před 15 dny +3

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

  • @johnstefanowicz6595
    @johnstefanowicz6595 Před 14 dny

    Very good

  • @raiderdrew988
    @raiderdrew988 Před 16 dny +1

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

  • @hitchensfollower6966
    @hitchensfollower6966 Před 18 dny +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.

  • @theshimario253
    @theshimario253 Před 18 dny +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.

  • @barath4545
    @barath4545 Před 15 dny

    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)

  • @Starship007
    @Starship007 Před 18 dny

    High inflation means cooling labor market which means more layoffs. Want to see unemployment in the 4% range not 3% range.

  • @immortal4942
    @immortal4942 Před 18 dny +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.

  • @Alpharizzchad
    @Alpharizzchad Před 18 dny +1

    Military equipment for the world 😮

  • @Sobrien724
    @Sobrien724 Před 17 dny

    Which President will listen to the experts?

  • @grovve8960
    @grovve8960 Před 18 dny +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!

  • @jjburns8762
    @jjburns8762 Před 18 dny +32

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

    • @Freiheit1232
      @Freiheit1232 Před 18 dny +10

      What insight…

    • @jacobbwalters8133
      @jacobbwalters8133 Před 18 dny +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 Před 18 dny

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

  • @encompassvideo5429
    @encompassvideo5429 Před 11 dny

    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.

  • @Mando_Trucker
    @Mando_Trucker Před 18 dny +1

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

  • @QuantumEX
    @QuantumEX Před 18 dny +17

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

  • @d4nt3_023
    @d4nt3_023 Před 16 dny +4

    I really wish Jamie Dimon would run for president

  • @sudu916
    @sudu916 Před 17 dny

    What about his quote on India ?

  • @nextcurve
    @nextcurve Před 14 dny

    “The consumer” = “The widget”

  • @speedy0
    @speedy0 Před 18 dny +15

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

    • @zenastronomy
      @zenastronomy Před 18 dny +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 Před 18 dny +1

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

  • @jamesbowman1767
    @jamesbowman1767 Před 17 dny +10

    I cannot understand why this guy gets so much respect.

    • @thepmj18
      @thepmj18 Před 17 dny +1

      😂

    • @enkibumbu
      @enkibumbu Před 16 dny +4

      I assume he is a very charismatic and capable psychopath.

    • @samnater
      @samnater Před 16 dny +1

      @@enkibumbubingo!

    • @Geniere10
      @Geniere10 Před 16 dny

      Jealous much?