JPMorgan CEO Jamie Dimon on Inflation, Markets, Fed, China, India
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- Опубліковано 15 тра 2024
- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon talks about the impact of inflation and high interest rates on the US economy. He also talks about the US relationship with China, regulations, and doing business in India. He spoke with Francine Lacqua at the JPMorgan Global Markets Conference in Paris.
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The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
@@ThomasChai05I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@mikegarvey17Mind if I ask you to recommend this particular coach you using their service?
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
MICHELE KATHERINE SINGH is the licensed advisor I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thanks, I found it. I booked a call with her on her website, her résumé seems pretty tight.
I just want my money to keep outgrowing the inflation rate. That’s why I'm looking for companies now to invest my $120k savings. Just don't know strategies to employ to make significant gains
Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter. Pulled in more than $46k in the last two months alone.
Having an investment advisor is the best way to go about the stock market right now. I used to depend on UA-cam videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
I wouldn’t mind getting in touch with your advisor. In few years I will retire and my portfolio will definitely need some management.
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
I want to get into the market now and ride it out until the economy improves, since inflation is currently at 3.70%. I'm assembling a $350,000 stock and exchange-traded fund (ETF) portfolio. Are there any suggestions you have that have good cash flow?
We shouldn't follow every prediction. It is advisable that you consult a market specialist before to making any financial decisions.
You're right, I and a few Neighbors in Bel Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew 40% in the last quarter.
Great gains! Can you share your CFP details? I'm gaining more cash flow from my job and want to invest in stocks and alternative assets to build wealth.
'Amber Dawn Brummit' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
How can i reach this person?
vivian jean wilhelm is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k..
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
Angela Lynn Schilling is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Angela Lynn Schilling is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. I have sent her an email detailing my financial goals.
Considering the current inflation indicators and the Federal Reserve's pause on rate hikes, what are the best additions to enhance the overall performance of my $500K portfolio?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.
Mind if I ask you to recommend this particular coach you using their service ?
*Sharon Lynne Hart* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
UHHH
In 3 yrs
Median Household Income Negitive-3%
Retail Gas+39%
Ground Beef+37%
Automobiles+34%
White panbread+33%
Sliced bacon+19%
Milk+18%
Deodorant+38%
cooking Oil+36%
Eggs+41%
Bleach+43%
RAMEN+43%
Dog Food +36%
Snack food /chips+27%
Auto repair/Tires+26%
Taco Bell+57.4%
Burger King +87%
horrible interview.....she keeps interrupting him every 10 seconds.....let him completely finish an answer
She probably had limited time to ask all the questions.
But he is not answering! she is trying to get something specific rather than generalities
she's horrible!! so annoying
She had an interview with Jamie dimon and this is what she ask him?
She’s dumb or this was scripted.
@@magicsaintyeah but she’s also asking dumb questions. She should press him about banking questions not global tensions with Russia which he stated he doesn’t know what will happen.
if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries
the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
Funny, three or four years ago, our base bills was 3600/mo. Now it's more like 6000/mo.. What happened? Lol. Gas, Food, Insurances, Taxes, Household items etc. So, how do we invest for more income to cope with the high price?
Agreed, many people downplay the role of advisors until crisis. Thankfully, I’ve had a licensed advisor since the rona outbreak steadily restructuring my portfolio with a lump sum invested. As of today, I'm only about 10% shy of my 7figure goal. Everybody wins!
@@arlenehill4ril truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor... mind sharing info of this person guiding you please?
Karen Lynne Chess is the FA that guides me. Just google her name. You should find necessary details to set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
thanks for putting this out.. curiously looked up Karen Lynne Chess on the web and was able to schedule a call session via her consulting page, no doubt she shows a great deal of expertise..
The bankers manipulated the Internal Rate of Return. Clearly with lockdown incidents plus liberated energy transition plus 7 billion warfare spending, the interest rates should have been kept above 3% and therefore average 1% bubbles is allowed. Except don't hold your breath if a senior player like him would admit the way Bond King has kindly admitted the outcome of 40 year capitulation
where we can whatch full video of conference ?
Happy talk -totally agree! Buckle up…
This lady shouldn’t be doing interviews. She needs to check in.
Love this guy, he should be president of US. His view on China is practical. However I would add China needs US to maintain the global stability, leadership and security but also needs US to respect China.
Whatever this guy says on TV, I always invest the opposite, and it has made me a lot of money for years!
doesn't mean he's wrong, buying stocks at these prices is crazy.
@@stockholmpublishings2937dollar cost averaging
@@stockholmpublishings2937 how many times this has been said and stocks keeps rising?
Fiecare, are, cap, sa, gydeaska, ei, vorbesc, ca, synt, plătiți, symplu, ok😮
@@stockholmpublishings2937 Not to disrespect him but he's rarely wrong due to him picking all the options...eg that economic hurricane comment from 2022
Good job, keep up the good work.
Obrigado pelo conteúdo.
This guy is very consistent with his us china policy of competition and not confrontation.
How much stock market money is borrowed money?
Surprisingly, very good questions were asked
How about the rule, "buy low and sell high", you don't buy at all-time highs - come on so called Bloomberg business reporters/analysts. What did Buffett just do with Apple stock, is he buying? (I agree with Jamie)
Momentum is the new name for pump and dump
We have to continue to lead by example, the private sector has to lead from the front with the government willing to back it up and correct them when they get out of line which does happen, we’re humans and both the private and federal need check and balances so let’s make that the norm again and start growing as a planner again.
Great insights from one of the smartest guys out there
Good interview. Thank you.
So short bitcoin and banks?
Shorting bitcoin is a bad idea
Clearing out all my Alts, going all-in on BTC and Revux, maybe a little BNB and SOL.
Silver and gold
In uncertain times, how can one outperform with the S&P 500? my money goal of $3m seems far-fetched and just saving is not an option, do I seek a license advisor to help grow my funds, or wait for a favorable economy? I have barely 5 years to retirement.
Jamie Dimon has said his pov in the first 1 min. The interviewer just go round and round to corner him and it's really distracting for viewers. Do respect your guests in delivering their pov. Active listening and less interrupting.
Every new partnership announcement adds to my excitement about Revux!
Jamie Dimon for president!
Why would you box this guy in a very limited arena of politics. This guy is a global power broker with no geographical constraints bar dictators. If anything he has a role in keeping countries stable where they are present despite the political clowns
good interview.
Russelll 2000 "its your time to shine buddy"
Good interview
Why the Eff is this interviewer interrupting Jamie Dimon.. good gravy Bloomberg get your shit together
Atleast some good people exist in the market
How long have we talking about recession now?
Economic growth is the right way to have a better world¡¡
Great answers to annoying questions.
Hi
♟️keep moving forward ⚡️
Why JPMorgan love silver ❤ i know that ❤me too❤
Excited to witness Revux disrupt the loyalty program industry; huge potential in presale!
I only invest in presales for the biggest returns; that's why I love Revux. Early entry is the key.
My Dad was a stockbroker!
He love his job, as ceo of jp😂, I love it too
He keeps talking negative and thr market keeps making new high
Contrarian strategy?
Well, hopefully Tom Massey proposed Bill will get more momentum and handcuffed the federal reserve
⚡️
Can ai talk to it's soul we can❤❤🎉🎉
wow. he's rarely this frank.
lol. She’s practically saying Trump is the next president 😂
She knows how to get an answer, something specific rather than generalities and platitudes! Excellent as always !
lmfao nice burner account or bot Bloomberg. She was a horrendous interviewer
Correction: I know of two nuclear blackmails. The USA threatened to nuke the USSR after WW2. The USA also threatened to nuke China during the Korean war.
Difference being neither china nor Korea were nuclear powers during that time
@@theultimateshield5133 wasn’t that the point of a nuclear blackmail, threatened to nuke non nuclear powers?
I want branch of Wells Fargo San Carlos on Laurel St to be investigated.
Report them Fed's regulate banks then find a thirsty lawyer this is not financial advice.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $670K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
Where is the mechanics Barbie houses toys sales now?
He's not a celebrity, he's a banker 🤦♂️
Probably the most famous one alive and the spokesperson of US banking industry. There's a reason why the media and government talk to him frequently over the years.
Wow!! 🥰🥰🧡💛💚💙❤💖💝🌹🌹
JP Debit cards 💯😍😍😍
She asks the same questions three times, does little listening
He wasn’t giving a direct answer to the question.
did you listen to his answers??
@PedroSantos-rq2htshe is one of the most knowledgeable and clever journalist and Bloomberg editor, out there! she knows very well what she is doing keeping the pace, sticking to time constraints and getting something substantial from the interviewee rather than just “shooting the breeze”
Zoooming
That's what deep learning does and how AI gets developed -- repetition of the same actions till the machine gets smart.
Inflation is getting high and we all need extra money and more cost of living
Terrible interview, she wasn’t listening and interrupting… seems very nervous
My respected Idol leader J.P Morgan❤
Dimon: Will not but bitcoin
JPMorgan: Buying bitcoin and related company as well within the dip lol
Corporations are making great financial gains. The stock market is making incredible gains. Every day Americans, who are working trying to raise the families and pay their bills. It doesn’t even equate to what’s really happening to Americans. The stock market is a freaking fairytale for every day Americans, as far as gains. Because Americans are not gaining at this point the markets are having a damn good time.
Ask him about Russia taking bank deposits from Chase?
she is really good!
Is something being planned here?! Jamie, all the time since a couple of weeks or few months, going from interview to interview.
He’s basically telling everyone to be prepared. He’s not predicting anything.
That “reporter” is so emblematic with what’s wrong with lamestream media.
Cannot listen to this interviewer
No more FOMO for me - I'm fully committed to Revux!
He is good at saying nothing by saying many thing.
She’s on uppers
JD... do as I say not as I do
This lady was somewhat pushy and strange but honestly that is what it takes to get these politicians to sometimes tell us their true feelings and not just stick to the script. I have listened to a lot of Dimon interviews lately and he seems like a decent guy. It’s clear he believes risks are higher than the consensus view.
she was jabbing him for a cheap clickbait headline. Everybody knows he can't outright say he's looking at a company to buy unless it was serious interest with a letter of intent to make an offer. Yet she keeps going expecting a direct answer which could manipulate the stock price. Unprofessional.
Dimon is bearish so we should be ok for a while.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Jamie bitcoin is still going up!!! Have you changed your mind? Why are you so interested in banning BTC if it's worthless???
Potential moonshot - forget the rest, Revux is where it's at!
Everything sounds good, but....nothing is bipartisan and all these are great ideas and they will help the American people, as long as we have a 2 party system and a far right and far left, this will never happen, we have passed the point of no return on being a bipartisan people,
Light kyu kaat di , kaam karate karate thak gaye hain 🙏🙏
I can't stand this older generation. Rich people just don't understand. I am 33 years old and make a decent living but I am still struggling day to day. The stock market is so god damn over bought that nothing is worth buying as a reasonable investment . Home prices are insane. Food is outrageous. This older generation has not a fucking clue what it's like.
If you can’t make money in this market right now, then you can’t at any point. You can make money in it every single day if you know what you are doing. Plus you get 5.5% just holding dollars. So I don’t understand what you are talking about
@@Vikingpoints They didn't say you can't make money. They said it is overbought and not an investment. Which is true. Nobody is investing, they are speculating. Expect the bubble to pop within 2 years. Severely
@@LaFonteCheVi it isn’t even close to have everything over bought. Tesla is down more than 50% from its high. Roku is down 80%. Those are just 2 examples of major companies that are way off their all time highs. 77% of all companies beat their earnings. There are always buying opportunities. Always. Do you have a crystal ball? Predicting the future never works. You don’t know what will happen in 2 months let alone 2 years.
@@LaFonteCheVi The market was overbought in 1999 and 2007 and after both crashes it's still several levels above that. Buying $VOO and letting it sit is practical and a simple way to get better returns than most assets.
Lol. AI Jamie, in how many years?
Do you like stuff?
Any way Jp Morgan is significant trading house new 🆕 York New York , as they can handle elmental legality , of that angry 😡 money 💵, exchange , Yankee road , exchange, out to the regular business 👩💼
Lol why is she talking like that?
Zoomer adhd audience
This chick is weird
Sinking titanic in denial
The interviewer…
9:39 nonsense; US employment laws are an absolute joke. You are all banding yourself backwards to stay in your job, and your standards of living are the same, but the quality of life is worse. You don't do better because you "work harder" why are so many US citizens who can live in UK retailers here?!
really horrible interview
Please send Gary Gensler to the jail quickly
Horrible interviewer lol
Dude. The guy doesn’t have a crystal magic ball to predict the future.
We need POLICY from the next presidential candidate more than anything.
The markets are happy. My crystal magic ball says daddy’s coming back home 🔮
Horrible journalist !!
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.