2."I think unfortunately theis continuing. If you look at the deposit inflows at the big banks, if you talk to anyone at JPMorgan opening accounts, they're working literally around the clock to take in all the capital that's flowing in. That's not good for our banking system."a bank could make. It violated all the basic rules. This is one of the simplest high-level things that you should check about a bank, and somehow that was ignored by the regulators.
6."Cranking up rates puts pressure on the system and cracks emerge. We've seen glass breaking. I think he's got to be very, very thoughtful about whether we raise rates here or whether we pause." 8."There are businesses that are guaranteed to be disrupted by blockchain. There are old-fashioned, old-mold businesses that everyone hates because they're monopolists, and you can disrupt them with blockchain technology. I would be short those companies."
Why would he be available to run for US president? It is because JPMorgan is going to crash 40% tomorrow & he'll be made to step down? $JPM
Jamie Dimon president 🤮🤮🤮