Here's what JPMorgan CEO Jamie Dimon wrote in his 2021 letter to shareholders

Jamie Dimon is bullish on the U.S. economy – at least for the next few years.

In his annual shareholder letter, the long-time JPMorgan Chase chairman and CEO said he sees strong growth for the world’s biggest economy, thanks to the U.S. government’s response to the coronavirus pandemic that has left many consumers flush with savings.

“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” Dimon said. “This boom could easily run into 2023 because all the spending could extend well into 2023.”

Dimon, who managed JPMorgan through the 2008 financial crisis, helping to create the biggest U.S. bank by assets, pointed out that the magnitude of government spending during the pandemic far exceeds the response to that previous crisis. He said the longer-term impact of the reopening boom won’t be known for years because it will take time to ascertain the quality of government spending, including President Joe Biden’s proposed $2 trillion infrastructure bill.

“Spent wisely, it will create more economic opportunity for everyone,” he said.

Dimon weighed in on a range of topics familiar to watchers of the country’s most prominent banker: He promoted JPMorgan’s efforts to create economic opportunities for Americans who have been left behind, highlighted threats to U.S. banks’ dominance from fintech and Big Tech players, and opined on public policy and the role of corporations to help bring about change.

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[Steve-pwxm]

Jamie Dimon: "China sees a country in the USA that is in decline due to growing wealth inequality. There is some truth to this."
Me: "Just checked my Chase credit card APR....still 26%, despite JP Morgan being allowed to borrow from the Fed at Jamie!"

[Pledditor]

He wants you to buy so he can have someone to sell to.

[rockymartin]

J. Dimon. Know what happening to our Economy, and to our Nation. He cares about our Great Nation. He is a Leader & not a puppet. Like some of you. I Emigrated to the America, from India 15 years. He is the right. I Agree with him. GOD BLESS. FROM ROCKY MARTIN.

[Pennybrookeify]

China’s opinion on the USA is correct.

[DD-vkyy]

Or smart money is looking for the average investor to buy so they can start selling.

[Magoulan]

In his 66 pages letter, we picked the 3 most bullish sentences and share them with you. Go buy more FANG now.

[woodycoat]

If he cares about income inequality he should resign immediately and retire. Let someone else collect that obscene compensation for a year or two.

[leehyunsong]

Everything they ever said become laughing stocks if you have long enough memory span.

[TheMjoDoj]

China covets Stability first with Liberty somewhere in the top 5. The US covets Liberty with stability barely on the radar. Our 2 party Democratic system relies on instability to function because both parties are supposed to disagree with one another and then compete for power with one another in game we call elections. So we shouldn't be surprised that over time society as a whole becomes increasingly unstable. If you create a format and incentive for competition but no format or incentive to work together, it's natural the 2 parties will start to define themselves purely by what the other party is not, rather than form a common vision for Americans.

[ryanguilbert]

I'm frothy AF! Diamond Hands, baby

[CaseyBurnsInvesting]

Equity prices aren’t that high when priced in gold.

[MaggieBeg]

Love Jamie Dimon such a smart cool guy

[davidronson]

What boom? this guy Dimon is a propaganda master, he would make Joseph Goebbels look like a boy scout

[jessieurena]

Poor Jamie crying about regulation and now he wants the tech companies to be regulated 😂

[obijuan]

The guy who engineered the credit crisis is whining about banking rules... poor Dimon he got a $16 billion dollar bonus while people were thrown to the streets.

[ianflynn]

If it wasn’t for the government bailout his company would have tanked, how on earth is he still in charge

[Corkfish]

Talking out of both sides of his mouth.

[cogen]

While valuations are quite high by ALL measures" but hey. It could work out! Lol

[Johnnyvo]

Why is no one talking about how JP Morgan paid $1Bil for manipulating the gold price?

Yeah i stop listening to this guy a long time ago.

[abshiraybakar]

GUYS THIS IS CURRENT AMERICAN CONTINENT STATES PRESIDENT BYE