JPMorgan Chase CEO warns about inflation, political polarization, wars
NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, might be creating an environment that “may very well be creating risks that could eclipse anything since World War II.”
The comments came in an annual shareholder letter from Dimon, who often uses the letter to weigh in broad topics like politics, regulation and global events and what it might mean to JPMorgan Chase, as well as the broader economy.
Dimon also used his letter to forcefully defend the firm’s diversity and equality efforts, pushing back on the arguments from Republicans who have said such efforts at Fortune 500 companies, colleges and universities are discriminatory and promote left-wing ideology.
Related articles
Mohammad Mokhber: Who is Iran’s acting president?
DUBAI, United Arab Emirates (AP) — Iran’s first Vice President Mohammad Mokhber was appointed as act2024-05-21Pic story of cultural relics guardian at Faxing Temple in N China
(Xinhua) 08:41, March 19, 2024Zhang Yufei arranges research documents at his home near Faxing Temple2024-05-21Jelly Roll reveals he's lost '70
Back in January, Jelly Roll made a commitment to take part in the 2 Bears 5K with Bert Kreischer and2024-05-21Delilah Hamlin goes braless in white tank top and short shorts alongside ab
Delilah Hamlin and sister Amelia Hamlin stole the spotlight at a star-studded party during Coachella2024-05-21Iran helicopter crash that killed President Raisi could reverberate across the Middle East
JERUSALEM (AP) — The helicopter crash in which Iranian President Ebrahim Raisi, the country’s foreig2024-05-21Palace Museum 'meets' Palace of Versailles
(Ecns.cn) 13:30, April 02, 2024Artifacts are on show at the Palace Museum during the exhibition "The2024-05-21
atest comment