Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Chase CEO Jamie Dimon says the markets are very restrained


Jamie Dimon, JPMorgan Chase, Senate’s Senate Bank, Housing and Urban Affairs Committee on February 13, 2025, leaving the US Capitol after a meeting with the Senate, Housing Committee.

Tom Williams | CQ-Roll Call, Inc | Getty pictures

JPMORGAN CHASE CEO Jamie Dimon Monday said point and central bankers evaluate the risks created by typing us acuity, tariffs and international tensions.

Veteran CEO and Chairman of the largest bank bank Dimon, in New York, told the Bank during the meeting of the Bank’s Annual Investor Day. He said he believed that higher inflation risks and even stagflated risks are not properly represented by the stock values ​​that have a return from the stock exchange In April.

“We have a great shortage; there is almost something I think of free banks,” Dimon said. “You all think that you can handle all this. I don’t think.”

“People feel quite well, because you don’t see your own landscape, effective tariffs,” Dimon said. “The market was 10% cheaper, (this) returned 10%. This is an extraordinary amount of communication.”

Dimon’s comments followed by Moody’s rating agency discount On Friday, the US credit rating is concerned about the growing government of the government. In the past few months, the market of the market was walking over the concern Donald Trump‘s trade policy will increase inflation and slow the world’s largest economy.

Dimon said he believed in the winning calculations on the wall Avenue on Monday S & P 500 Companies rejected in the first weeks of Trump’s trade policy will fall even even lower as companies with or lower guidance within uncertainty.

Within six months, these forecasts will increase by 0% to increase by 12%. If this happens, it is likely to probably fall.

“I think the savings calculations will fall down, PE mean,” Dimon said, referring to the rate closely monitored by the ratio of earnings.

Possibility dilution“It is mainly a recession with inflation,” “If the market thinks, Dimon added.

Separately, one of the best deputies of Dimon, when it comes to the purchase of corporate clients and other deals, “waiting and see” mode.

Investment bank’s revenues, in the second quarter, in the second quarter, compared to trade revenues, “Medium to-high” in a higher percentage, Troy Rohrbaugh, which is a head of the company’s commercial and investment bank.

Dimon’s graph is constantly underwater about Dimon’s schedule for Dimon’s deputy to hand Leading last yearwhen he says he will stay for less than five years.

“If I have been four years and maybe two more years, the two” two “executive chairman, Dimon said,” This has been a long time. “

On Monday, the consumer banking head of the Lake Marianne spent the longest speech from all executive authorities. Especially after the Chief Operation Officer, the best heir candidate is considered Jennifer Piepszak Said to be looking for a top job.

Don’t miss these concepts from CNBC Pro



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *