Topics

Posted 9/12/2023, 11:09:00 AM

JPMorgan CEO Jamie Dimon Shifts Stance on China, Now Highly Cautious About Economic Outlook

JPMorgan CEO Jamie Dimon was optimistic about China's economy in May, but is now "highly cautious" and says the "risk-reward" is just "okay"
JPMorgan economists have repeatedly downgraded their forecasts for China's GDP growth in 2022 and 2023
China's economic recovery is slowing due to weak consumption, exports, youth unemployment, and a shaky real estate sector
Dimon says there is now more "uncertainty" in China that could hurt investor confidence, amid regulatory crackdowns
U.S. investors are wary of China given the worsening bilateral relationship; new data laws also complicating matters for JPMorgan

fortune.com

Relevant topic timeline:

9/11/2023

Franklin Templeton CEO Sees Investment Opportunities in China Despite Pessimism

Jenny Johnson, CEO of Franklin Templeton, believes that investment opportunities in China are being underestimated due to pessimism and sees potential in innovation, energy independence, and food security.

9/11/2023

Dimon Cautions Against Overconfidence in Economy, Sees 'Very Large and Dangerous' Uncertainties Ahead

JPMorgan Chase CEO Jamie Dimon warns that while the U.S. economy is currently strong, it would be a mistake to assume it will sustain long-term due to risks such as central bank actions, the Ukraine war, and unsustainable government spending.

9/12/2023

Jamie Dimon Warns of Economic Risks from Ukraine War, Fed Policies, and Overspending

JPMorgan CEO Jamie Dimon warns of risks to the US economy despite its current strength, citing quantitative tightening, consumer spending fueled by asset prices and COVID-era savings, and the potential normalization of these factors as causes for concern.

9/26/2023

Dimon Warns of Economic 'Sugar High' and Potential Stress Ahead with Interest Rates Possibly Rising Above 7%

Wall Street is concerned about the potential stress on the horizon as the Federal Reserve plans to keep interest rates higher for longer, and JPMorgan CEO Jamie Dimon warns that the world is unprepared for this scenario.

9/26/2023

JPMorgan CEO Jamie Dimon Bullish on India's Growth Trajectory at Investor Summit

JPMorgan Chase CEO Jamie Dimon expressed optimism about the Indian economy, citing the country's growth, policies, and increasing global interest as reasons for the positive outlook.

9/26/2023

Dimon Warns 7% Interest Rates Could Burst Asset Bubbles, Cause Stress

Jamie Dimon, CEO of JPMorgan Chase, is warning clients to prepare for a worst-case scenario of benchmark interest rates hitting 7% along with stagflation, despite market predictions of the end of the Federal Reserve's tightening cycle.

9/26/2023

Dimon Hopes for Soft Landing But Warns Rates May Rise More, Urges Preparedness for Economic Stress

JPMorgan Chase CEO Jamie Dimon hopes for a soft landing as he acknowledges the possibility of interest rates rising further and warns of economic risks such as Ukraine, oil, gas, war, and Europe.

10/3/2023

Dimon Warns High Debt and Geopolitical Tensions Are 'Storm Clouds' That Could Lead to Stagflation

JPMorgan CEO Jamie Dimon warns of potential storm clouds on the horizon for the US economy, including the fallout from pandemic stimulus and geopolitical risks, predicting choppy financial markets and the possibility of stagflation.

10/3/2023

JPMorgan CEO Warns Interest Rates Could Soar to 7%, Highest Since 1990, As World Economy Unprepared for More Hikes

JPMorgan CEO Jamie Dimon has warned that interest rates could reach seven percent, the highest level since 1990, and that the world economy is not prepared for further hikes.

Topics

Posted 9/12/2023, 11:09:00 AM

JPMorgan CEO Jamie Dimon Shifts Stance on China, Now Highly Cautious About Economic Outlook

JPMorgan CEO Jamie Dimon was optimistic about China's economy in May, but is now "highly cautious" and says the "risk-reward" is just "okay"
JPMorgan economists have repeatedly downgraded their forecasts for China's GDP growth in 2022 and 2023
China's economic recovery is slowing due to weak consumption, exports, youth unemployment, and a shaky real estate sector
Dimon says there is now more "uncertainty" in China that could hurt investor confidence, amid regulatory crackdowns
U.S. investors are wary of China given the worsening bilateral relationship; new data laws also complicating matters for JPMorgan

fortune.com

Relevant topic timeline:

9/11/2023

Franklin Templeton CEO Sees Investment Opportunities in China Despite Pessimism

9/11/2023

Dimon Cautions Against Overconfidence in Economy, Sees 'Very Large and Dangerous' Uncertainties Ahead

9/12/2023

Jamie Dimon Warns of Economic Risks from Ukraine War, Fed Policies, and Overspending

9/26/2023

Dimon Warns of Economic 'Sugar High' and Potential Stress Ahead with Interest Rates Possibly Rising Above 7%

9/26/2023

JPMorgan CEO Jamie Dimon Bullish on India's Growth Trajectory at Investor Summit

JPMorgan Chase CEO Jamie Dimon expressed optimism about the Indian economy, citing the country's growth, policies, and increasing global interest as reasons for the positive outlook.

9/26/2023

Dimon Warns 7% Interest Rates Could Burst Asset Bubbles, Cause Stress

9/26/2023

Dimon Hopes for Soft Landing But Warns Rates May Rise More, Urges Preparedness for Economic Stress

JPMorgan Chase CEO Jamie Dimon hopes for a soft landing as he acknowledges the possibility of interest rates rising further and warns of economic risks such as Ukraine, oil, gas, war, and Europe.

10/3/2023

Dimon Warns High Debt and Geopolitical Tensions Are 'Storm Clouds' That Could Lead to Stagflation

10/3/2023

JPMorgan CEO Warns Interest Rates Could Soar to 7%, Highest Since 1990, As World Economy Unprepared for More Hikes

JPMorgan CEO Jamie Dimon has warned that interest rates could reach seven percent, the highest level since 1990, and that the world economy is not prepared for further hikes.