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return2ozma@lemmy.world to News@lemmy.world · 7 days ago

JPMorgan CEO Jamie Dimon says the economy 'is weakening'

www.cnbc.com

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JPMorgan CEO Jamie Dimon says the economy 'is weakening'

www.cnbc.com

return2ozma@lemmy.world to News@lemmy.world · 7 days ago
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Labor Department data showing the U.S. added fewer jobs than thought confirm the world's biggest economy is slowing down says JPMorgan Chase CEO Jamie Dimon.
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  • resipsaloquitur@lemmy.world
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    7 days ago

    Thanks for the update, Jamie.

    • hemmes@lemmy.world
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      7 days ago

      No shit

  • ALLGLORYTOHYPNOTOAD@lemmy.world
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    deleted by creator

  • Substance_P@lemmy.world
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    7 days ago

    Lets not forget what a stand up guy this man is, that due to Jamie Dimon’s convenient laps of attentiveness, Epstein’s sex trafficking went on for years.

    JPMorgan ultimately paid $290 million to settle a lawsuit brought by approximately 200 of Epstein’s victims and an additional $75 million to resolve litigation with the U.S. Virgin Islands, where many of Epstein’s crimes occurred.

  • Archangel1313@lemmy.ca
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    7 days ago

    The Federal Reserve will “probably” reduce its benchmark interest rate at its next meeting later this month, though that might not “be consequential to the economy,” Dimon said.

    So…why are people even listening to this idiot, then? Lowering interest rates during a possible recession, when tariffs are already causing higher inflation, will send the dollar into a tailspin.

  • Avid Amoeba@lemmy.ca
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    • Kairos@lemmy.today
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      7 days ago

      I know that stock photo!

  • SendMePhotos@lemmy.world
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    7 days ago

    My will to live is weakening.

  • kennedy@lemmy.dbzer0.com
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    7 days ago

    wow so smart

  • Tylerdurdon@lemmy.world
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    7 days ago

    Oh, is that what a recession is called now? Economy weakening? Perhaps we just need to change the definition again while we bury our heads in the sand. Nothing to see here!

  • wisely@feddit.org
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    deleted by creator

    • Formfiller@lemmy.world
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      7 days ago

      The working class has been in a recession since 2008 at least

  • Maeve@kbin.earth
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    7 days ago

    This sociopath had nothing to do with it either! #toobigtofail #toorichtofire

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