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The Ides of March

Posts Tagged ‘Jamie Dimon March 13

314: Sorkin on Jamie Dimon running for President in 2020

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Andrew Ross Sorkin, NY Times:

On Wall Street, there’s been a running parlor game about whether Jamie Dimon, JPMorgan Chase’s chief executive, would try to run for president in 2020. His annual letters, filled with commentary on U.S. policy, have only increased the chatter, and this year’s letter, released Thursday, is no different. It touches on everything from trade to immigration. While Mr. Dimon, who once called himself “barely a Democrat,” says he plans to stay at the bank for the next five years, the question among political prognosticators is whether Mr. Dimon’s policy views could ever find a home among voters in this politically polarized environment.

Mr. Dimon’s sensible letter was seemingly supportive of some of President Trump’s policies, while taking the opposing side on others. Mr. Dimon particularly applauded the corporate tax cut and deregulation efforts. On China trade, Mr. Dimon writes: “It is not unreasonable for the United States to press ahead for more equivalency,” and that “one of the administration’s best arguments is that negotiation alone has not worked.” However, he said he would like to see more cooperation with U.S. allies on talks with China and added that the U.S. should “revisit the Trans-Pacific Partnership.”

On immigration, he called for tougher border control, writing, “American citizens have the right to complain that we have not successfully protected our borders since the last immigration reform in 1986.” He also said, “People immigrating to this country should be taught American history, our language and our principles.” At the same time, he also advocated for “a path to legal status and citizenship” for “Dreamers” and improving “merit-based immigration” programs so that immigrants educated here can stay.

For more of Andrew Ross Sorkin’s article:

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313: Jamie Dimon Warns ‘Something Is Wrong’ With the U.S.

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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon has two big pronouncements as the Trump administration starts reshaping the government: “The United States of America is truly an exceptional country,” and “it is clear that something is wrong.”

Since the turn of the century, the U.S. has dumped trillions of dollars into wars, piled huge debt onto students, forced legions of foreigners to leave after getting advanced degrees, driven millions of Americans out of the workplace with felonies for sometimes minor offenses and hobbled the housing market with hastily crafted layers of rules.

Read more on visas: Dimon alarmed that foreigners can’t stay

Dimon, who sits on Donald Trump’s business forum aimed at boosting job growth, is renowned for his optimism and has been voicing support this year for parts of the president’s business agenda. In February, Dimon predicted the U.S. would have a bright economic future if the new administration carries out plans to overhaul taxes, rein in rules and boost infrastructure investment. In an interview last month, he credited Trump with boosting consumer and business confidence in growth, and reawakening “animal spirits.”

More at Bloomberg

https://www.bloomberg.com/news/articles/2017-04-04/dimon-still-optimistic-warns-something-is-wrong-with-u-s

Written by harenews

May 20, 2017 at 9:12 am

313: Jamie Dimon: Trump has awaken America’s “Animal Spirits”

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President Trump’s economic agenda has “woken up the animal spirits” in the U.S., according to J.P. Morgan Chase & Co chairman and chief executive officer Jamie Dimon.

During an interview with Bloomberg TV, Dimon said Trump’s pro-growth agenda has reinvigorated business owners and consumers alike.

“[It] will be good for growth, good for jobs, good for Americans,” Dimon said.

“Animal spirits” is a term coined by famed economist John Maynard Keynes to describe emotions and instincts that help bolster consumer confidence.

On “Your World” today, market watcher Larry Glazer said those “animal spirits” are absolutely necessary if we’re going to get the economy booming again after the “slow-growth Obama years.”

He said that a number of consumer sentiment and confidence indexes show that Americans are feeling better about the economy, and much of that can be attributed to President Trump.

“When you at the Election Day moving forward, there’s no doubt sentiment has changed,” Glazer said. “Businesses feel more optimistic about the future. And that’s what you need for companies to commit capital.”

Written by harenews

March 13, 2017 at 7:34 pm

313: Detroit’s Angel: Jamie Dimon

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Part-time Angel Investor and full time J. P. Morgan CEO, Jamie Dimon, has put his money where his mouth is and invested $100M in the recovering Detroit economy.

http://finance.yahoo.com/news/jpmorgan-s-big-bet-on-detroit-222521923.html

Written by harenews

October 4, 2016 at 7:28 am

313: Jamie Dimon Calls Hilary Clinton The Bigot She Is

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Jamie Dimon came to the defense of his fellow bankers on Monday, and went after Hillary Clinton while he was at it.Jamie Dimon said: “When people blanket a whole class of people…that’s just unfair.”

http://www.cnbc.com/2016/10/03/jpmorgan-ceo-dimon-goes-after-clinton-for-attacking-a-whole-class-of-people.html

Written by harenews

October 4, 2016 at 7:12 am

313 n 314: Jamie Dimon Quoting Eintein

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Seems Mr. Dimon has a penchant for quoting Mr. Einstien:

Make everything as simple as possible, but not simpler.

http://financialmarketer.com/node/352

“In theory, theory and practice are the same. In practice, they are not.”

http://www.google.com/webhp?hl=en&tab=mw#q=Jamie+Dimon+Albert+Einstein+quote&hl=en&ei=E5DCUamFGa664AP194GIDg&start=10&sa=N&bav=on.2,or.r_qf.&fp=f4714a191a6194d7&biw=848&bih=580

313 March 13: Jamie Dimon

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James “Jamie” Dimon (born March 13, 1956) is the current CEO and chairman of JPMorgan Chase & Co, and previously served as a Class A director of the Board of Directors of the New York Federal Reserve, a three year term which started January 2007.[1][2] Dimon was named to Time magazine‘s 2006, 2008, 2009, and 2011 lists of the world’s 100 most influential people. He was also named to Institutional Investor’s Best CEOs list in the All-America Executive Team Survey from 2008 through 2011.[3] He was named the top CEO of the Year in 2011.

Pisces born on March 13 are very dynamic individuals to say the least.  Think of them like sharks: they are always in motion.  They have the cyclothymic ability to function on very little sleep yet function very well.

They are a people with remarkable talents and abilities, and often risk losing sight of  their primary goals  because their skills pull  them in  variety of directions.

Those born on March 13  are said to  have a fiery nature.  The fact that Mr Dimon’s moon is in Aries – a fire sign-  only enhaces this aspect of his personality.  The March 13 fire manifests itself in the form of inspirational, far-reaching and at times perhaps some revolutionary ideas.

The number 12  plays a significant role both in the universe — think 12 months,  and 12 apostles,– and in those born on March 13ths lives, as does the number 7.

March 13 people generally have a large circle of friends,  they respect the emotional boundaries of  their friends, family members, and lovers and also demand that they do the same. They tend to keep some emotional distance from  lovers or mates.

March 13 people need to be emotionally engaged in their work. They have a sense of adventure and are not afraid to strike out in a different direction. Although their financial situation is often in flux, they always seem able to ride out the lean times.

March 13 men and women are not as committed to achieving goals as they are to achieving goals their own way. They have a strong sense of self and will not allow themselves to be micro-managed by inferiors. They are not overly concerned with obstacles or hurdles only answers and solutions.

On a side note, Albert Einstein. 14 March 187918 April 1955) was a German-born theoretical physicist who developed the  theory of general relativity, effecting a revolution in physics.