Jamie Dimon on tariffs: If it's a little inflationary but good for national security, so be it
HTML-код
- Опубликовано: 21 янв 2025
- JPMorgan Chase chairman and CEO Jamie Dimon joins 'Squawk Box' to discuss the second Trump administration, why he's 'cautiously pessimistic' about the U.S. economy, impact of Trump's tariff proposals and EOs, state of the global markets, impact of the strong dollar, his relationship with Elon Musk, investing landscape, future of DEI in corporate America, his thoughts on the crypto industry, succession plans at JPMorgan, and more.
Spoken like a true tone deaf, diffident and clueless wealthy guy
How quickly they all bend the knee
He couldn’t care less about ‘national security’ or how inflation impacts the non-billionaire class
Trump inflation 2.0
Trump averaged 1.9% inflation during his first term. Biden hit 9% at one point and averaged over 3%. The adults will handle economics from now on buddy.
@prolific1518 trump added 33% to the money supply....he is what caused inflation under biden.....prices are going up bigly, wait for tariffs to kick in
@prolific1518 its crazy you don't understand that economic data and changes lag.....trumps 'economy' was OBAMAS success until he tanked everything.
@prolific1518 trumps new plan is allow billionaires to pay evenless, tax the poor and middle via tariffs and inflation, and pump usd value into crypto. Hope you're a billionaire or own a ton of bitcoin
@@prolific1518 You understand that during Trump you had no covid right ?
How do tariffs work?
A tariff is a domestic tax levied on goods as they enter the country, proportional to the value of the import. So a car imported to the US with a value of $50,000 subject to a 25% tariff, would face a $12,500 charge.
Tariffs are a central part of Trump's economic vision - he sees them as a way of growing the US economy, protecting jobs and raising tax revenue.
He has previously claimed that these taxes are "not going to be a cost to you, it’s a cost to another country".
This is almost universally regarded by economists as misleading.
The charge is physically paid by the domestic company that imports the goods, not the foreign company that exports them.
So, in that sense, it is a straightforward tax paid by domestic US firms to the US government.
Trump imposed a number of tariffs in his first term of office, many of which have been kept in place by his successor, President Joe Biden. Economic studies suggest most of the economic burden was ultimately borne by US consumers.
It was not immediately clear whether Trump's "additional 10% tariff, above any additional tariffs" earmarked for China were on top of the 25% he was planning for Canada and Mexico.
Thank you for your videos.... The current global economy remains challenging, with central banks maintaining higher interest rates to combat inflation, creating tighter lending conditions and slowing consumer and corporate spending. This environment is pressuring sectors like housing, retail, and stocks, while rising unemployment remains a concern. Diversified portfolios, including stocks and alternative assets like cryptocurrencies, are essential for managing risk and volatility, alongside balanced trading strategies. Personally, I’ve grown my portfolio from $130k to $732k in just a few months, thanks to Dorcia Walston’s exceptional expertise and traditional trading acumen, which have been invaluable in navigating this ever-evolving market...
please educate me, I’ve come across this name before, Now i'm interested to start trading with her, How can i reach her?
We can all learn a thing or two from Dorcia Walston, her profit-making skills is a phenomenon. Thanks to her I'm making more profit and getting rich.
she's mostly on Telegrams, using the user name..
@DorciaWalston
Dorcia Walston Crypto knowledge is like a secret recipe for success
Is there national security under Trump?
Inflation is a monetary phenomenon. Tariffs aren't "inflationary"; they would, at worst, be relative "inflation".
When prices soar, He said, “Get over it”
I wonder if he can “get over” a hard punch in the teeth? “Get over it rich man”
When Buffet and Dimon are bearish, you should listen.
they want panic so they can buy low. thats why warren have so much cash on sideline.
Couple of old idiots
how easy for you say mister man!
i have already reduced my food consumption to one small meal a day, in order to conserve resources. tell me, how many days is acceptable for me to go without food… for national security? if i can only have one meal every two days, that good for you? maybe every fourth? a week maybe? … or should i be figuring out the recipe for african mud cakes… so i don’t have to eat actual food at all?
Of course Jamie the coward would bend his knee
O but when the crypto community says anti Regulations it sounds like they are laundering money right.
I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family
How please
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
So be it
It's cute he thinks that they voted for him because of national security LOL
Get beyond the political crap to address the real issues of running the largest bank!
"little"
Keeping Chinese EVs out of the U.S. has nothing to do with national security.
Chinese EVs in America would mean the end of the Detroit Automakers and the loss of all those union jobs. Historically, those auto factories get converted to military factories in times of war. Are you willing to pay this cost?
The truth is only Tesla is in a position to compete with the Chinese EV Producers. By 2027, the fate of that competition will be settled with control of the Auto Market in Tesla's hands or the Chinese.
I love you kids, but You people truly know nothing about the empiracal credit model of 1977.
Regards,
Merovingian Dynasty
🐕🐕
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.
I’m not in a position to offer financial advice, but given the significant amount of capital you're working with, it would be wise to consult a financial advisor who can guide you in developing a strategy tailored to your goals and risk tolerance.
Factos!!. After experiencing a major portfolio loss in 2020 amid the COVID pandemic while trying to manage my investments on my own, I reached out to an investment advisor. They helped me turn my $420k into a seven-figure portfolio by providing the guidance and strategy I needed. Having that expertise made a significant difference in my investment journey.
Thanks for sharing your experience! I’ve been managing my portfolio myself, but it’s not working out. Do you have any recommendations for a good investment advisor? I could really use some help.
Nikki Leigh Brooks is a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
Very strong economies like the economy we had under Biden often produce higher rates of inflation. Very low unemployment, higher wages and high growth = higher rates of inflation. Biden had the added problem of disrupted supply chains following Covid lock downs. Inflation is exacerbated by corporate greed & the thirst for still more profit.
Only cause of inflation is the growth of the money supply. Biden admin tried to buy an election and use fake data but smart Americans saw through it.
Evidently you haven’t watched the job numbers over the past 4 years? You can’t pay for everyone to be on the government payroll. When you compare the 2 manufacturing which has been suffering under Biden. Obviously you also haven’t looked at his approval ratings handling of the economy either. That boat has sunk and good riddance. SMH