JP Morgan's Jamie Dimon is speaking at online even
Jamie Dimon, CEO of J.P. Morgan, speaking at a online event on various topics. Generally speaking, he is regarded as one of the top leaders in the banking industry. He says
- US needs more fiscal stimulus as preached a vaccine
- Congress's inability to reach compromises childish
- stimulus would increase odds of better economic outlook,
- capital formation tax hurts economy and growth, wealth tax doesn't
- plans to help whoever gets picked for Treasury Secretary
- offices may need 30% fewer seats with work from home rotations
- sees a stocks bubble in certain areas, not in everything
- I am not interested in bitcoin, not my cup of tea
- sees value in block chain, hasn't changed view on bitcoin
- hopes that Biden will strategically cooperate with China
- would not have done tariffs Pres. Trump imposed
A smorgasbord of comments from the banking leader.