JPMorgan's Dimon Says US Economy Is 'Booming'

JPMorgan Chase Chair and CEO Jamie Dimon says even if the US economy goes into a recession, the consumer is in good shape. Speaking at the Economic Club of New York, Dimon also says he is cautious about an economic soft landing. (Source: Economic Club of New York)
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[Falconlibrary]

"Everybody I know is buying private islands, multiple mansions, and yachts."
The suit he's wearing would pay my rent for four years.

[autoselectricos-americalat]

Yes, JP Morgan is boooming. However, the middle class has almost dissapeared and there have never been so many homeless people in the States.

[happychuckprogramming]

poor, middle class and senior citizens suffer heavy inflation. Inflation is different from inflation rate.
Prices are stubbornly high.
Increase rates 5% and increase money supply 40%, causes asset prices to go sky high.

[Edward-zwld]

Monetary and fiscal policies are devastating most of the population with no end in sight

[RandomDude]

This guy is clueless. He didn't see the 2008 financial crisis coming and now he's hallucinating a boom.

[us]

BOom due to huge deficit spending, 1T debt per 100 days.

[jaym]

Corporation profits soar to new dizzing heights (while workers bank balances shrink to new lows).

[yyhkodu]

It's not booming. Not even for his bank. He's out of touch.

[whitemoon]

But high interest USD is really devastating for the whole world now.

[oppenheim]

Yep. It’s the new Renaissance. Started with the iPhone in 2007, the AI Revolution being the latest and current transformative innovation.

[ro]

TLDW: Oligarchs are doing just fine.
The rest of you can just eat cake.

[MylesShank]

The American consumer is “wealthy” because of debt and debt is only growing.

[orlandovelastegui]

Industrial Manufacturing is booming!!! I want to disagree with this man but, he is right manufacturing is booming we have so much work in my job we working overtime for 3 1/2 years and we can’t keep up with the work !!! We have more work than workers.!

[williamhenry]

Says it's booming on the same day he says the US economy is headed back to the 1970s

[twisted]

heh heh . .ah poppets . .you never change

[sweetliquidsnake]

Guess that's why everyone is going out of business then and mass lay offs

[bgwhalley]

LOL The US economy is definitely not booming. Not sure what reality he lives in?!

[Popunkwillneverdie]

Something and I know richard marx noticed .... beyond that.... my sister marries a stalker and then died of cancer

[marlonlicup]

Fiscal spending haha. Giving money to big corporations. That's the answer as we add a few trillion every 3 months. Ok. Rich get richer. That's the plan.

[wongmingyau]

Say bye bye to the good old days destroyed by JB & Democrat prepare for the worse