JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated, by any measure," Dimon told CNBC in Davos. He added that "they are in the top 10% or 15%" of historical valuations.
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
JPMorgan Chase CEO Jamie Dimon said Wednesday the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively.
CEO Jamie Dimon praised Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday and indicated that the two billionaires have patched holes in their relationship.
JPMorgan CEO Jamie Dimon gushed about one-time rival Elon Musk on Wednesday, as he revealed that he and the mega Trump ally have made amends in their years-long feud. “The guy is our Einstein,” Dimon told CNBC at the World Economic Forum in Davos,
The JPMorgan CEO said that even if the tariffs prompt a global trade war and reignite inflation in the U.S., they could protect American interests.
“If it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.”
Fink was sharing the stage with Peng Xiao, the CEO of AI company G42, who interjected with “to some extent” on Fink’s contention that fear drives bitcoin. But Fink just doubled down on the idea that it was “okay” for bitcoin’s fortunes to rely on fear.