Wall Street's king, Jamie Dimon, on the US presidency 

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

What a brief, high level, to the point and effective interview. Enjoyed it

This is a fabulous example of a great interviewer who knows how to ask questions and a interviewee who can get to the point and convey his message in a way that everyone can understand. Well done The Economist!

About a decade ago, I worked briefly with JPM and experienced a unique benefit. Every employee who had worked for a certain period and was still on the payroll received an annual bonus regardless of their performance. It was called the “Jamie Dimon Bonus” and it was quite generous. This was in addition to any performance bonus or other benefits. I have never seen such a gesture in any other organization in my nearly two decades of work experience.

With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..

Great interview. What an incredibly reasonable man. I think the comment about needing practice before running for President is exactly right. Some transferable skills, a lot of complexities that don't exist in the private sector.

Not sure how much i believe what he says but love how smooth an operator is

GREAT CONTENT. The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $400k worth of stocks?

This administration is just the worst, the crises we're facing is government inspired. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

He chooses his words carefully, very carefully…..

I wish we had a competent well spoke president so badly

“We should be looking at our own flaws, and not always blaming other people”. A sentiment that I wish many many more of my fellow Americans would adopt. This nonsense that self criticism is unpatriotic is the stuff of deluded, weak minded, confused, frightened, people

See how he advises that we begin conversations, "how is your family" before even talking about anything else....! Fantastic Jamie.

This is my first time hearing him talk about this stuff. I'm a fan. He brings up great points and it's nice to see that a lot of his viewpoints match my own, especially in regards to foreign policy and diplomacy. I need to get in a meeting with this guy lol

Since Biden took office, there seem to have been more unfavorable results in America. These results include effects on the markets, such as price declines and sharp increases in inflation, as well as bank failures. I wonder if the sudden increase in interest rates will help value investors or if it would be wiser to stay away from the stock and financial markets for the time being.

Why be President when you already control whoever is President?

Thank you for sharing parts of this interview.

Smart guy, he talking very carefully, he avoid the talk over biden policy

The face of corporate welfare.

Brilliant just as the Economist sells subscription, the WSJ ad pops up

Economic investigator Frank G Melbourne Australia is still watching this very informative content cheers Frank ❤

this is Warren Buffett grade wisdom right there - thanks

I would pay to work for this man

Nice interview. Appriciate it

Jamie Dimon likes to explain away why _he_ won't run for POTUS.

If JD was president, I would actually believe it was a real job again. And not in my lifetime if ever, have we had a president who spoke as straight to people as this man does. Hard working, intelligent, no BS. Also, Nixon was president when I was born. Jamie Dimon would be the first president in my life who you couldn't do a ridiculous impersonation of.

Intelligent and well spoken. Also Stephen Kotkin and Peter Robinson are well spoken brilliant minds. If only they ran this country.

Smooth operator who had to pay a $13B settlement for allegedly fraudulently packaging distressed mortgages into securities and onselling for large fees without disclosure

Whoever says Ex consultants make lousy CEOs should look at this man. Probably the best banker in the world!!

If he runs for POTUS... then his would be the most accomplished and formidable career to enter mainstream populist politics ever!!

0:29: 💼 The CEO of America's largest bank discusses the global financial and geopolitical challenges, emphasizing the need for open dialogue and negotiations. 2:36: 🌍 The speaker discusses the need for a comprehensive economic strategy to counter China's aggressive regime and protect Western democracies. 5:08: 🌍 The world is currently facing a very serious issue that is affecting major relationships and global security. 7:46: 🌎 The speaker emphasizes the importance of America prioritizing its own interests and presence in the world, while acknowledging flaws in certain areas like healthcare and education. 10:46: 💼 The speaker discusses the importance of free enterprise and growth policies in improving the economy, with a focus on education and job opportunities. 12:58: 💼 The speaker discusses the possibility of running for office and their commitment to their country and business. 15:16: 📚 The speaker expresses uncertainty about their political affiliation but emphasizes the importance of taking care of citizens and doing a better job. Recap by Tammy AI

lol, that hesitation when asked country or JPMorgan

Why doesn't he run? Why would the Puppetmaster want to become the puppet? 🤣🤣🤣🤣

Our goal first should be solving the problem of gun violence, homelessness and drug abuse.

it's Nice to See Retail Investors in EV Buses...EV Cars....EV Trucks Large and small....EVTOL Jets...EV Vans All Reaping the Gains from the Summer Surge in the sector's Stock Prices. Let's Keep the Bull$ Running in July and Improve Our Global Air Quality. Thumbs Up Video / Thanks.

Great Interview

Net worth of 1,7 billion $. The free market surely works for this guy

JP Morgan Chase closed the bank account of Dr. Joseph Mercola because of "unexpected activity"! No other reason given according to Dr. Mercola, who had an account with the bank for 18 years. A doctor who is respected by millions and who stood up to the pharmaceutical companies, especially over the past three years, was de-banked. What was that all about, Jamie? Many millions of us know what it was all about.

Give me more interviews!

This comment section looks like Jaime paid them to write these comments.

I normally don't have big bank leaders in high regard, many of them partially involved in global scale crashes and scandals, but Jamie is the only one that actually sounds like he has a heart.

Still here Boss 🎉🎉

Όλο το σεβασμό 😊

Yeah, I would vote for this guy in a heartbeat over every single other name out there.

I wish Jamie would run for President

reflecting on what he's made a comment on stock mkt and economy over the 1st half of this year, it's highly doubtful if he is really competent to be president or any other position in government.

No full interview - No subscription [I’ll download it through apk]

Where are the emails?

Jamie Dimon is a interesting person. 🙂

This is why I subscribe to The Economist. Republican or Democrat, the country comes first.

A very sensible guy who would be a valuable asset to US diplomatic core.

Last time we had a “business man” it didn’t work so well

U.S. military apparatus is unrivaled. We spend the equivalent of $2,800 per person annually toward our military budget plus additional fundings for global conflicts (Ukraine, Israel, etc.) It is remarkable that we need to make business adversaries into military enemies to continue to justify this obscene amount of military spending. It makes a fool of all of us but for few.

I would love to see how Jamie persuades congress and the senate to support him. He’s obviously a better negotiator 🌷

Go for it!

Disagree with this man on many things, but I could have a reasonable conversation with him on some important issues. That seems rare these days.

Turkce ceviri de ekleyin . Economist editors.

If he runs, i will vote for Jamie Dimon

Politicians are Not Businessman.

Oh just stopped by to tell you I love you dad ❤

Why would he run for POTUS and take a cut in power and income…

Give the interviewer a pay raise.

Fantastic

Hone up on Bretton Woods, cannot divorce political policy i.e. democratic principles from free trade. Dimon is right to observe social evolution in America is problematic. Need more safety nets but more importantly need to grow the middle class and not pay subsidies, and need to raise corporate tax rate.

Mr. Dimon is not only charismatic by appearance but intellectually as well. I have always noticed him for years.

JD would easily be my vote over the two incumbent candidates...if only it were a possibility.

Love Jamie Dimon, he's got a handful of legitimate points however greed blinded US to pitfalls in decades past and it could happen again because corporate America's primary aim in more money unless they are persuaded otherwise. And WWII was best example of seamless mission between state and commerce so it can be done.

The only thing I don't like about Jamie Dimon is his approach to all things with business/making trade in mind. Everything else doesn't matters

Amazing Interview sadly Jamie won't try to be president he would be better then Trump or Biden he is much younger.

Can we talk about his shoes? Were those sneakers?

Cool video! Id like to add that there are other investment options in businesses like cannafarm ltd as well.

I love the fact that he is neither Democrat nor Republican

Fantastic Interview. My career has been built in banknig and I have worked with Jamie on several occasions, but never for him. He is very direct, fair, but IMHO, not suited to public life. So maybe not president, but definitely Treasury Secretary.

is it the one where my nephew is working as Ex Dir?

nice interview.

Housing is increasingly unaffordable.

0:50

THE MAN 🙌🏻

I hope The Economist will cover the reasons why China is declining in food self-sufficiency.

He struggles in interviews as he wants to come across as a nice guy and then some poor schmuck asks the wrong question and he looks like he wants to go full on Gordon Geko

Wow smart guy 👦 👏

Hi Jamie maybe you can erase my bankruptcy as well. 😊

Sure! Run 2024 and we will see.

2023(Gregorian) “Respect and dignity.” Furthermore:

1:08 🎉🎉🎉😅😅😅😮😮😮😮😂😂😂😢😢😢🎉🎉😂😂❤❤❤❤❤❤❤❤❤❤❤❤

This guy is the smartest person in the country. I love how he is pro America while at the same time understands the responsibility to the rest of the world as a great nation. People have a tendency to go to one extreme or the other, branding the US as either an exploiter or a country that is being taken advantage of by other countries. However, neither extremes are true.

he decides recession and inflation

It's becoming increasingly evident that the Democratic side is in need of a candidate who can inspire and unite voters. Jamie Dimon's business acumen and political savvy might just be the combination they need.

So affable I like him

Interesting guest RS. Canada

your employee is working hard to make ends meet. Mr. Jamie Dimon

Human beings must respect him.

I would pay to work for this man. I would pay to work for this man.

❤️

Smart man. Never tell anyone your side haha

We shouldn't surrender

just casually talking to one of the most powerful indiv on this planet

He is man of morals!

The brain power of the Staff.