Jamie Dimon is doubling down on JPMorgan's diversity, equity, and inclusion commitments amid pressure from an activist shareholder. In an interview with CNBC at the World Economic Forum in Davos, Switzerland,
JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated, by any measure," Dimon told CNBC in Davos. He added that "they are in the top 10% or 15%" of historical valuations.
The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
At the World Economic Forum in Davos, Switzerland on Wednesday, JPMorgan Chase CEO Jamie Dimon cautioned investors on the risks of increased deficit spending, sticky inflation and geopolitical
Jamie Dimon remains steadfast in JPMorgan's DEI efforts, despite facing challenges from conservative activist investors and Trump's recent crackdown on DEI initiatives.
“If it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.”
Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
As President Trump and JPMorgan CEO Jamie Dimon require workers to come back to the office full-time, the costs and benefits of remote versus in-office work are still up for debate. Bloomberg’s work and management editor Heather Landy says many CEOs are at odds with their employees and what they want.
JPMorgan Chase & Co. Chief Executive Jamie Dimon on Wednesday expressed concerns over the elevated valuation of the U.S. stock market. The veteran banker opined that asset prices are “in the top 10% or 15%” of historical valuations and are “kind of ...