Long time cryptocurrency skeptic Jamie Dimon, CEO of banking giant JPMorgan, has doubled down on his dislike of decentralized digital assets and likened crypto to useless “pet rocks.” In an interview ...
Tag: Dimon
Dimon says regulators should focus on crypto and not big…
The CEO of JP Morgan says that Crypto is a sideshow and its tokens are like pet rocks. Ever ready to launch digs at the cryptocurrency industry, Jamie Dimon, CEO of the second largest bank in the worl...
Jamie Dimon Predicts a Recession. M2 Money Supply Helps Make the Case.
JPMorgan Chase CEO Jamie Dimon raised concerns about the economy sliding into a recession yet again on Tuesday. While the U.S. economy continues to be the strongest globally, rising interest rates and...
Jim Cramer disagrees with Jamie Dimon on recession
U.S. consumer is still spending about 10% more versus a year ago on the back of $1.50 trillion in excess savings from the pandemic-related relief packages. But there’s always a possibility that all of...
JPMorgan Billionaire Dimon Warns That Americans’ Pent-Up Savings Will Deteriorate—Fueling Recession Next Year
Topline Billionaire JPMorgan CEO Jamie Dimon warned on Tuesday that the strength of consumer spending is likely to wane as persistent inflation and higher interest rates force consumers to wind down e...
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images One key l...
Jamie Dimon says inflation eroding consumer wealth may cause recession next year
JPMorgan Chase CEO Jamie Dimon said that inflation could tip the U.S. economy into recession next year. While consumers and companies are currently in good shape, that may not last much longer, Dimon ...
Jamie Dimon Warns BTC Could Fall Further if Recession Hits
Could bitcoin, Ethereum, and other digital assets experience further dips in their prices? According to Jamie Dimon, the man heading JPMorgan, the answer is a resounding “yes,” as he believes a recess...
Jamie Dimon Predicts More Doom and Gloom Ahead; Here Are 2 ‘Strong Buy’ Dividend Stocks to Protect Your Portfolio
You don’t get to head one of the world’s largest banks if you don’t know a few things about economics – and so when J.P. Morgan’s CEO Jamie Dimon speaks, investors listen. And lately, what Dimon has t...
Goldman CEO Becomes Latest Bank Head With Gloomy Recession Prediction
Topline Goldman Sachs CEO David Solomon became the latest investment bank bigwig to offer a gloomy economic forecast Tuesday, as most concur the Federal Reserve’s fight to tackle inflation, elevated p...
Jamie Dimon Expresses More Hate for BTC
Jamie Dimon – the head of JPMorgan Chase – has often spoken ill of bitcoin, so we already know he’s not a major cryptocurrency fan. However, in a recent interview, he offered even harsher words about ...
‘Growing wealth gap and rising inflation … hurt the global economy at almost every turn,’ Jamie Dimon says
What a difference 25 years can make. The world today is a markedly different place from the world that existed at MarketWatch’s inception in October 1997. JPMorgan Chase & Co. JPM, +1.66% CEO Jami...
Jamie Dimon Slams Bitcoin as “Dirty” and “Expensive”
Alex Dovbnya Citing Voltaire, the JPMorgan boss says that he will never buy cryptocurrencies JPMorgan CEO Jamie Dimon slammed Bitcoin as “dirty” and “expensive” while speaking at the Institute of Inte...
Jamie Dimon cannot make up his mind on Bitcoin
JP Morgan’s Jamie Dimon is having trouble confirming his views on Bitcoin. From fraud, to ponzi scheme, to regrets on his crypto utterances, the bank CEO remains unclear. A ponzi scheme and a fraud CE...
Jamie Dimon says expect ‘other surprises’ from choppy markets after U.K. pensions nearly imploded
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview in London, U.K., on Wednesday, May 4, 2022. Chris Ratcliffe | Bloomberg | Getty Images JPMorga...
Jamie Dimon Again Slams Crypto, Calls Blockchain ‘Real’
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JPMorgan’s Dimon Backs Musk’s Twitter Bid—And Calls For Removal Of Bots
Topline JPMorgan Chase CEO Jamie Dimon offered his support for the world’s wealthiest man Elon Musk’s Twitter takeover in an interview published Tuesday, a surprise vote of confidence given the histor...
JPMorgan CEO Jamie Dimon Warns Recession Could Hit in 6 Months, Stock Market Could Drop 20% More — ‘This Is Serious Stuff’ – Economics Bitcoin News
The CEO of global investment bank JPMorgan, Jamie Dimon, has warned that the U.S. economy could tip into recession in six to nine months. “This is serious stuff,” the executive stressed, adding that t...
U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
S&P 500 could break below the 3,000 level: Jamie Dimon
The U.S. economy will likely be in a recession by the summer of 2023, says Jamie Dimon. He’s the Chief Executive of JPMorgan Chase & Co. Highlights from Dimon’s interview with CNBC Dimon agreed th...
Jamie Dimon warns U.S. likely to tip into recession soon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
JPMorgan CEO Jamie Dimon: Crypto Tokens, Bitcoin Are ‘Decentralized Ponzi Schemes’
Speaking in congressional testimony on Wednesday, Jamie Dimon, CEO of JPMorgan, said he was a “major skeptic of crypto tokens […] like Bitcoin” and called them “decentralized ponzi schemes.” “Th...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Coinotizia
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’ – Featured Bitcoin News
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which ...
JPMorgan CEO Jamie Dimon Calls for Proper Regulation of Stablecoins
At a recent Congressional hearing, Jamie Dimon expressed support for proper regulation of stablecoins while castigating other crypto assets. According to JPMorgan chief executive Jamie Dimon, stableco...
Jamie Dimon told Congress that crypto is nothing but a ‘decentralized Ponzi scheme’
Cryptocurrencies are dangerous “Ponzi schemes” that put billions of dollars at risk every year, JPMorgan CEO Jamie Dimon declared in a scathing review of the volatile digital assets. In congressional ...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured lawmakers that his bank has no intention of stopping...
Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The heads of seven of the biggest U.S. banks, including JPMorgan Chase CEO Jamie...
Watch JPMorgan Chase CEO Jamie Dimon and six other bank leaders get grilled by Congress
[The stream is slated to start at 10:00 a.m. ET. Please refresh the page if you do not see a player above at that time.] The CEOs of the biggest U.S. retail banks, including JPMorgan Chase‘s Jam...
JP Morgan’s CEO Jamie Dimon Warns of Catastrophic Recession
13 seconds ago | 2 mins read Bitcoin News Dimon then said that there is a 20-30% chance that something much worse may occur. Goldman Sachs CEO David Solomon has previously issued a similar warning. Ja...