JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

[NoleATL]

JPMorgan Chase CEO Jamie Dimon said Monday that markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

Dimon, the veteran CEO and chairman of the biggest U.S. bank by assets, explained his worldview during his bank’s annual investor day meeting in New York. He said he believes the risks of higher inflation and even stagflation aren’t properly represented by stock market values, which have staged a comeback from lows in April.

https://www.cnbc.com/2025/05/19/trump-tariffs-jpmorgan-chase-ceo-jamie-dimon.html

 

[N8dogg99]

 

[95Hawk]

So the markets are gonna thrive under tariffs? Your qualifications vs Dimon’s are what, exactly?

 

[N8dogg99]

^^^ My qualifications do not measure up.

 

[The Tradition]

We like multi-billionaire bankers now?

 

[Whiskeydeltadeltatango]

We are watching market manipulation. There isn't a metric beyond this guy's pissed in oants that supports it.

 

[joelbc1]

We like multi-billionaire bankers now?

No… but bankers ( including multi-millionaire bankers) really like…and understand $$!

 

[Whiskeydeltadeltatango]

Im surrounded by them and they are ahead of anything you are reading. You have entities ****ing you to spite a president, just an FYI.

No… but bankers ( including multi-millionaire bankers) really like…and understand $$!

 

[95Hawk]

We like multi-billionaire bankers now?

Dimon seems to have done well for himself. You question his insight?

It’s not about “like”, Trad. It’s about facts - which your ilk seem to shy away from.

 

[Jerome Silberman]

I don't think Jaime Dimon's opinion should matter all that much, given the scope and scale of his own financial f@ck ups.

 

[MitchLL]

Most economists see a big problem in the 3rd quarter...August/September/October when tariff policy kicks in.

It's exactly what retailers like Walmart and Target are planning for.

 

[Whiskeydeltadeltatango]

Most economists see a big problem in the 3rd quarter...August/September/October when tariff policy kicks in.

It's exactly what retailers like Walmart and Target are planning for.

Sure, if your news is 2 months old. I posted this shit for you then, directly from the KC Fed.

Now, nothing, "stagflation" for the hardest of panicked.

 

[MitchLL]

I don't think Jaime Dimon's opinion should matter all that much, given the scope and scale of his own financial f@ck ups.

It mattered to Trump/Bessent.
Dimon/Thiel/Ackman are why Orange ShitStain backed off two weeks ago.

 

[TNHAWK79]

So the markets are gonna thrive under tariffs? Your qualifications vs Dimon’s are what, exactly?

Dimon also called for two recessions over the last 3 years, which never happened. They also changed the definition of recession under Biden, so there is that. Almost every economist has now backed off recession talk and elevated forecasts. Give him four months and he will be talking differently.
Lastly, market has never been down negative following a year when vix is over 40. Just like we’ve never had a negative midterm election year in our lifetime.

 

[Whiskeydeltadeltatango]

The panic is over boys.

 

[joelbc1]

Im surrounded by them and they are ahead of anything you are reading. You have entities ****ing you to spite a president, just an FYI.

You live near Dimon? I’m impressed….
Living near the guy /gal who runs your county or local National bank…they ain’t bankers. Jamie Dimon….he is a banker of consequence.

 

[Whiskeydeltadeltatango]

You live near Dimon? I’m impressed….
Living near the guy /gal who runs your county or local National bank…they ain’t bankers. Jamie Dimon….he is a banker of

I had a 1 on 1 conversation for 30 min with the head of the NACHA.

He gave me much "inside baseball".

 

[95Hawk]

Dimon also called for two recessions over the last 3 years, which never happened. They also changed the definition of recession under Biden, so there is that. Almost every economist has now backed off recession talk and elevated forecasts. Give him four months and he will be talking differently.
Lastly, market has never been down negative following a year when vix is over 40. Just like we’ve never had a negative midterm election year in our lifetime.

Seems that Biden and the Fed did an excellent job navigating a complex economic environment, then.

I assume you have the same confidence in Trump, Bessent, and Lutnick to thread the needle this go-round?

 

[torbee]

Clearly a Marxist.

That’s how he got to be CEO of JP Morgan

 

[SalAunese]

I just got quoted $3100 for an EVAP canister system and new brakes on my son’s Honda today. Price changes went into effect about a week ago

 

[The Tradition]

Dimon seems to have done well for himself. You question his insight?

It’s not about “like”, Trad. It’s about facts - which your ilk seem to shy away from.

Mr. Diamon is going to say things that will benefit his business. "Facts" aren't part of that equation.

 

[Jerome Silberman]

It mattered to Trump/Bessent.
Dimon/Thiel/Ackman are why Orange ShitStain backed off two weeks ago.

Trump loves epic failures and billionaires that get richer by taking from the government.

 

[N8dogg99]

I just got quoted $3100 for an EVAP canister system and new brakes on my son’s Honda today. Price changes went into effect about a week ago

I'll do your brakes $120 labor

 

[95Hawk]

Mr. Diamon is going to say things that will benefit his business. "Facts" aren't part of that equation.

Oh Trad. Bless your heart.

You don’t think he makes his money from positive returns in the market?

How do tariffs benefit his business? Be specific.

 

[The Tradition]

Oh Trad. Bless your heart.

You don’t think he makes his money by positive returns in the market?

He has a big bullhorn and what he says has impact on returns in the market.

 

[95Hawk]

He has a big bullhorn and what he says has impact on returns in the market.

That’s not very specific, Trad.

So tariffs are generally positive or negative for the markets? Again: what are the motivations of a raging Marxist like Dimon?

 

[TNHAWK79]

Seems that Biden and the Fed did an excellent job navigating a complex economic environment, then.

I assume you have the same confidence in Trump, Bessent, and Lutnick to thread the needle this go-round?

Despite Biden policies and inflation, it was the fed that did the soft landing. Let’s not forget they were late to the party by three months and only raised .25 bps to start when everyone was saying .75-1%. Let’s not pay them too hard on the back

 

[95Hawk]

Despite Biden policies and inflation, it was the fed that did the soft landing. Let’s not forget they were late to the party by three months and only raised .25 bps to start when everyone was saying .75-1%. Let’s not pay them too hard on the back

“Despite”…..

I dunno. I had a pretty good run from 2021-2024.

A soft landing should be applauded after what Trump left the U.S. with in 2021.

 

[The Tradition]

That’s not very specific, Trad.

So tariffs are generally positive or negative for the markets? Again: what are the motivations of a raging Marxist like Dimon?

He wants what's best for JPMorgan Chase.

That's all.

 

[NoWokeBloke]

The panic is over boys.

LOL Never underestimate how stupid the Shitlibs are.

 

[95Hawk]

He wants what's best for JPMorgan Chase.

That's all.

Ah. So what’s best for JPMorgan isn’t what is best for the rest of us invested in the market?

That damn, selfish Dimon!!!! Damn him to hell.

Again: you haven’t done a very good job of explaining how tariffs are good for us simple folk.

 

[Formerly Rockymtnole]

So Trad and Whiskey say Jamie Dimon doesn’t know what he’s talking about?

 

[joelbc1]

I had a 1 on 1 conversation for 30 min with the head of the NAACH.

He gave me much "inside baseball".

Yep….
Trumps tge only sumbitch that understands finance…
I’m not saying Trump’s gonna fail… but I can see how he bankrupted a casino. I hope he doesn’t take us into the next Hoover years.

 

[95Hawk]

So Trad and Whiskey say Jamie Dimon doesn’t know what he’s talking about?

You question a guy who stocks up on water from Amazon before a natural disaster? My stars.

 

[joelbc1]

He wants what's best for JPMorgan Chase.

That's all.

That is what a CEO does…. Company first! That is why they get bonuses with 6 or 7 zeros after a number..

 

[The Tradition]

So Trad and Whiskey say Jamie Dimon doesn’t know what he’s talking about?

Jamie knows exactly what he's talking about. And the words that come out of his mouth are designed to make JPMorgan Chase stronger.

 

[Jedhawk77]

We are watching market manipulation. There isn't a metric beyond this guy's pissed in oants that supports it.

Were the markets manipulated using the tariff's?

 

[Jimmy McGill]

Trad, Trad, Trad,......what are we going to do with you...

 

[RileyHawk]

Were the markets manipulated using the tariff's?

Good question that will be avoided at all costs.

If Whiskey hadn't shown himself to be a liar and a welch I would offer a bet to him - minimum 2 of 3 from the S&P, DOW and NASDAQ finish higher or lower at the end of the year. If they are higher, I donates $1000 to the UofI Children's Hospital and don't post on this forum for 1 year. If they are lower, he does the same.

It will be fun to see how he responds.

 

[Jedhawk77]

I'm still trying to bet Scrud for a bet to benefit some wrasslin NIL. He has gone silent tho. @Scruddy

Good question that will be avoided at all costs.

If Whiskey hadn't shown himself to be a liar and a welch I would offer a bet to him - minimum 2 of 3 from the S&P, DOW and NASDAQ finish higher or lower at the end of the year. If they are higher, I donates $1000 to the UofI Children's Hospital and don't post on this forum for 1 year. If they are lower, he does the same.

It will be fun to see how he responds.