The Federal Reserve may put the economy into a recession, but the slowdown should be mild if history is any guide, JPMorgan CEO Jamie Dimon said.
Unlike its Wall Street rivals, JP Morgan hasn't previously required staff to be vacinated, instead it urged them to.
"I'd personally be surprised if it's just four increases," Jamie Dimon said of the Fed's interest-rate plans.
Bridgewater Associates founder Ray Dalio also said he weighs the pros and cons of investing in China in light of human rights issues.
"I regret and should not have made that comment. I was trying to emphasize the strength and longevity of our company," Dimon said in a statement.
JPMorgan's $250 price target for Tesla is the most pessimistic of all the big banks.
"If JPM doesn't withdraw their lawsuit, I will give them a one star review on Yelp. This is my final warning!" Elon Musk said.
Here's the latest news on JPMorgan's fintech partnerships and acquisition strategy, top tech leaders, and CEO Jamie Dimon's views on the competition.
"As long as the music continues to play, it's great. Once that music stops, then we're going to be in real trouble," Mobius said.
Cannabis is still considered an illegal Schedule I drug by the US government. This exposes businesses dealing with it to high risk.
Jerome Powell, Michael Burry, and Jack Ma are among financial leaders who agree with Dimon and don't have a good word to say about crypto.
"These things aren't going away, and the blockchain technology supporting is obviously very real and powerful," the CEO told investors.
Brian Lamb, JPMorgan's head of diversity, equity, and inclusion, said the firm would be tracking progress and holding companies accountable.
Dimon's comments were made the same day bitcoin surged to a five-month high above $57,000, taking its year-to-date gains to 96%.
While Dimon doesn't believe in the value of bitcoin, the cryptocurrency has recently surged to a valuation of $1.1 trillion.
JPMorgan's Jamie Dimon is joining other banks on Wednesday to warn of the economic consequences of failing to raise the debt ceiling.
JPMorgan Chase's CEO said his daughter asked 'how could you, Dad?' when he joined Donald Trump's business council. He cited Martin Luther King.
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