JPMorgan CEO Jamie Dimon on IPOs, AI, 3-Day Work Weeks, 8% Interest Rates (Full interview)

JPMorgan Chase Chairman and CEO Jamie Dimon comments on the health of the technology IPO pipeline, calls AI “a living, breathing thing,” and explains his confidence in the firm being prepared to handle a potential worst-case scenario of interest rates rising to 8%. He speaks with Emily Chang from the sidelines of the JPMorgan Tech Starts Leadership Forum on "Bloomberg Markets."
#business #bank #stockmarket #fed #bloomberg #economy #ai
00:00 hello
00:50 Tech IPOs
3:30 Dimon on AI
6:00 Health of the Consumer
9:00 interest rates
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[@WealthHighway]

Dimon's views on the world are very insightful. He sees the bigger machine of smaller parts and seems like a sincere guy.

[@OVOChatgpt]

He is smart but he it’s a little easier when you’re an insider / in the Epstein network

[@ND25CHAMPS]

I’m sure he’s just a sweet heart of a guy

[@ThePowerMoves]

@@ND25CHAMPS being ironic there?

[@EvilAntic]

@@ThePowerMoveslearn to love the rich dont vilify them. Then your ego will allow you to become one. 😅

[@user-xm1yb6ej4c]

@@EvilAnticforget it，maybe he or she just a loser😅

[@hxvideo]

I like how positive, optimistic and compassionate Jamie has always been through out the years

[@LifeBallTechTV]

He has to be for the public but also he’s wealthy he has 0 worries really

[@IproPvP]

His bank gains market share during times like this.... of course he's happy and optimistic

[@Saiputera]

big bank ain't gonna fail🤔

[@user-yc2qq6dp2s]

I'd be the same if I was worth $1.6b and head of one of the most important corporations in America.

[@Saiputera]

@@user-yc2qq6dp2s I mean he isn't like evil blackrock tho

[@asjfounder]

Always great to hear the people at the top share their insight.

[@delo1569]

Listening to CEO Jamie Dimon has put me at ease...love this interview

[@WPS691]

Nobody asks him why his bank still pays only 0.01% in savings interest rates.

[@MooseMeus]

hopefully it didn't make you buy at open

[@VeganTrove]

The 10 year bonds are at nearly 5%. That's a problem. Regional banks may be in big trouble.

[@aae7583]

I as well. This is man personifies COMPETENCE. Great interview.

[@taroman7100]

yah, the same guy who didnt see a day prison after the 08 crash.

[@jagdeepsinghuppal8310]

He is such a likeable guy...so smart, reasonable and to the point.

[@vmotobiker]

Im proud to say I worked for JP Morgan Chase, the Captain is brilliant!

[@edwardtsema7740]

Good points to have on the priority list Jame Dimon talks about are important not just to the US but the world. Lots of things affect banking. I always appreciate Jamie Dimons concerns in these interviews! 👍 •U.S. deficit •Ukraine and how that impacts US security and world security •Good American leadership •Chinas economic turbulence and how it affects the world •The role of AI moving forward

[@technojunkie213]

i love jamie dimon. he is a great ceo. he cares about his employees and customers. i have been for a much worse employer and chase is a great employer who treats it's employees very well. we need good employers like jp morgan chase. keep it going jamie dimon!

[@adigullia]

“You know, Kevin McCarthy is the Speaker of the House, I wish him the best, I’ve known him for many years. He’s got a tough hand, but he’s doing okay so far” … and less than 24 hours later, McCarthy is not only not doing okay anymore, he has been ousted as Speaker of the House 😅

[@adigullia]

@@embracinger3428 Doing okay in this context clearly implies no longer having your job. Most normal people wouldn't consider being fired as "Doing okay". Perhaps you are on some extreme form of anti-extremism to feel compelled to call such a thing extreme.

[@bankfinanzas6348]

Excellent information of Jamie Dimon Greetings from Peru

[@mjb6446]

Next month, "Jamie Dimon on 20% interest rates."

[@ambition112]

0:00: 📈 The IPO market is currently open and healthy, with interest rates and cash flows playing a role in determining which companies go public. 0:40: The tech industry in London lacks the same wealth of tech companies as Silicon Valley. 3:09: 💡 Artificial intelligence is a living, breathing thing that is already being applied in various processes and has the potential to change the way we do things. 6:53: ! The speaker discusses not making forecasts and worrying about two potential outcomes. 7:10: There are two potential outcomes that the speaker is concerned about. 9:47: 🌍 The video discusses the potential impact of economic factors and geopolitical risks on the global economy, with a focus on China and Ukraine. 10:17: Geopolitical risks, particularly the threat from Ukraine and the relationship with China, are significant concerns for the future. 13:10: 😕 The speaker expresses concern about the impact of specific rules on mortgages, small business loans, and diversification in the banking system. 13:53: The decrease in the number of public companies is seen as a negative outcome. Recap by Tammy AI

[@thetaomega7816]

this AI seems to be pretty bad lmao

[@jay_ta708]

A very nice and honest talk about Apple by Jamie Dimon at the end of it. 👏open to good competition, very nice only good for the future for everyone

[@pablohierro5060]

Is really precious listen to he speaking about police worldwide and in America. JP Morgans really does a really good job as a bank and financing. Congrats for the work Mrs. Jamie.

[@Yzjoshuwave]

This is more or less what I would like to see from a Presidential candidate… And this was also more or less what I’d like to see from someone interviewing a presidential candidates.

[@corinavizcarrondo2284]

This is whom I would like to see as POTUS.

[@volvo8938]

Class act, loves how he can respond to these questions and situations

[@Ashleycorrie8494]

It's been a rough year with losses from failed banks and government, real estate crashes, a struggling economy, and downturns in stocks and dividends. It feels like everything has been going wrong. What a terrible year it is…

[@ericyasunaga641]

Insightful! However, no one has the magical financial crystal ball! Too many moving parts. Maintaining your health is priority #1! Then read, Read, READ. Followed by applying the information to manage your "risk" tolerance!

[@MoonlitMedows]

Why use misleading title? There was no mention of 3 day work week?

[@JIEON.C]

He did while mentioning about how AI will change work culture

[@LateAgainGerald]

Anyoyne catch the part where they talk about 3 day work weeks? I think I missed it.

[@AZeventVIDEO]

It was pretty quick and was simply Jamie's predication of how AI and tech would improve efficiency to the point that everyone was working 3 day weeks.

[@goneviral8814]

Jamie is always feeling great especially when you got the Fed and President in your back pocket 😅😂

[@user-yk7vp2qw4h]

Listen 🎧 to the CEO.

[@joshlin8642]

so no hurricane after all ?

[@nilzetemacedo9094]

"AI could replace some jobs". I think this is real. Jamie don't want make us afraid, so he is very careful with his words. But we also can see how passionate he is with this. And all his knowledge is very important. 11:27

[@taroman7100]

AI will have the capability to destroy the world. The brightest minds are working on the two steps to get it to self-awareness. It can out think us in 3 seconds.

[@seiwonlee]

JD, run for president

[@luismiguel69able]

It is interesting how all news now is primarily PR talking points to influence our beliefs and behaviors vs. being just information.

[@rof8200]

Jamie knows he booked massive profits in the billions when JPM took over the bank. "JPMorgan (JPM) is receiving about $186 billion of assets and assuming $168 billion of liabilities, getting a net $18 billion of assets while paying $10.6 billion to the Federal Deposit Insurance Corp. That looks like a gain of almost $8 billion, though it is only booking a one-time posttax gain of $2.6 billion at closing. The bank’s estimate that First Republic will add $500 million a year to earnings also looks conservative, given the lender was making $1 billion a year as a stand-alone entity. "

[@robert5507]

meh....18 billion is pocket change now a days

[@jonathanhs105]

Everyone should be looking at full-time vs. part-time jobs in this report. DO NOT plan based on the headline. Inspect the numbers + consider the implications for the FED : economy is rolling over but prices are still increasing and wages are not -> stagflation risk. Look at Fed Funds Rate vs. equities for the past 50 years. We can't whistle our way out of the structural problem heading down the tracks for most speculative asset classes. Protect yourself and allocate accordingly.

[@taroman7100]

This guy is a scam artist. He has a golden parachute no matter how dire. Remember 08

[@scar00000]

What do you think he’s gonna say, economy will collapse? He’s like that guy from Big Short, telling everyone “everything is okay”

[@shaunmcinnis566]

My thoughts exactly. He's got to keep it sounding positive.

[@davidpaterson7142]

'AI is doing all the equity hedging for us'....eeeek that sounds very scary!

[@figaro-dg5c5]

The "AI" he's talking about means automated software which do certain tasks very well. Those are all the chat gpt type of tools and they are exactly that, tools. People talk about them as if they are true AI. This is not true. There's no need to fear these softwares. They need human beings to give input in order to get output. They make our lives better but can also be abused for criminal activities by bad people. This is what all the regulation is about. General AI is the "real" AI and we still don't have it and it is not known when that will be here.

[@alonzowoods456]

Good to hear bro

[@zuzululu1]

I really hope Mr Dimon runs for president

[@corinavizcarrondo2284]

In order for America to get it right Dimon needs give Congress and Leadership some schooling on the Global Economy, Global Markets and Policy that keeps the engines running.

[@josetavares9573]

A.P.R. at 24 percent U.S. Credit doing very well and Chase bank you could have least $ 70,000.00 for savings account.

[@Goatonomics]

Can’t lie. He’s the genius and still voice in this storm.

[@jimakcelik6486]

I have at most respect for Jamie diamonds one of the most smart CEOs in the world❤

[@MsJenniferinNYC]

He's wrong about consumers doing well. They are not. They are OVERspending on money they don't have, maxing out their credit cards, taking out loans they can't even pay for, have jobs that can't pay their bills and have less than $500 in the bank. So, they're doing well???? How so? Employers have yet to pay better to keep up with this crazy inflation. Wages have YET to keep up with inflation. The one thing that remains constant? CEOS of big corporations and their MULTIMILLION DOLLAR salaries yet they manage to pay their employees at the bottom of the chain minimum wage or slightly better and then give 10 cents raises????? Really? These are FACTS which is so pathetic. The U.S. is soo damn rich yet they can't keep their own people out of poverty. The truth is, these CEOS are waaaay out of touch with reality until they can actually go back to living like those in lower or middle income households for a month, then they can say they actually understand.

[@bradleyhasse5220]

Jamie is the top dog 💯

[@leslieleong5522]

JD, the banker! the interviewer seems to want interpret the speaker intermittently but shot down.

[@ChrisSMurphy1]

Dimon should go run the country

[@kurttSchuster]

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

[@tonicruger]

[@eastwood224]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.>

[@kurttSchuster]

How do I find this LAdy?

[@eastwood224]

I started out with an FA named Nicole Desiree Simon Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

[@kurttSchuster]

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.

[@nickwong674]

I love the reporter holding Dimon accountable. He did indeed make forecast of hurricane and then storm clouds. The conclusion here is even someone as smart as Dimon does not know what will happen. Dimon should just admit and tell people that he doesn’t know what he is talking about all the time. 😅😅😅

[@nanakbhatti3992]

James Dimon, evil con artist making deals with despots and dictators

[@cdsilber]

First, it's still early. Fed rate hike campaigns have historically precipitated recessions about 9-18 months *after* the successive rate hike campaign ends. He even said no one knows exactly when it's going to hit. Also, eight months after his comment we got multiple large bank failures and others were stemmed only by the Fed loosening the terms for liquidity loans over an emergency weekend through the new Bank Term Funding Program. Dimon's comments haven't fared bad. But yes, he doesn't know everything and sometimes he is wrong... in part because he comments on everything.

[@ECUCHRIS904]

CEOs can easily go to a 4 day week right now and not lose production. CEOs are going to squeeze all they can out of that 40.

[@evguenimigatchevsanchez4649]

We're already in 8% interest rates without the number make up.

[@matthewmunn6965]

Jamie for President!!

[@dennism7909]

Jamie probably buying bonds like crazy here around 5% scaring everyone off with this 7% now he's saying 8% interest rate talk

[@phaedruslykos3249]

Koan painting is chefs kiss

[@Khalife21]

Why nobody ask him about precious metals market crazy like nobody talk to him about that

[@xAGRESS0Rx]

I love reading all these fake and paid comments displaying the biggest bank crook in american history as “sincere and level headed” We really are near the end times

[@marlenesoifer7219]

Thanktou so for contact

[@coldflu]

Someone remind Jamie what money is... A measurement of real wealth (Material Resources, Energy, and Intelligence). It has become impossible for any normal person to measure theirs, because the ruler is constantly changing.

[@trut52]

Inflation is not caused by increased consumer spending, or even corporate greed. It's about central bank money supply.

[@alejandroalonso4347]

I urgently bring to your attention a critical matter concerning the recent events at Teleperformance, located in Mexico City's Coyoacán district. Immediate action is essential to mitigate a substantial risk to both CHASE and J.P. Morgan. Between September 18th and September 22nd, 2023, a concerning incident took place during our Customer Service Agent training at the Call Center in Mexico City. To address this issue promptly, we urge someone from CHASE to review the video footage captured during the training sessions, which occurred between 14:00 Hrs. and 21:00 Hrs. on those dates.

[@user-ql4ud9zr7m]

Lol sure

[@praveenspike]

Put all the things happening in the US into a graph, you will have the answer. Only graph can guide the future.

[@cid1851]

What graph did you get ?

[@satioOeinas]

I agree with him about world peace in relation to it being important to America, but Ukraine is not an ally as he said.

[@manishpoudel5220]

Legend.

[@Njsrufrider]

3 day work week? Im in

[@davidgray3321]

Interesting perspective on tech and science, before WW2 the USA won few Nobel prizes in science, what really helped was scientists fleeing Europe during WW2, many were Jewish, eg Einstein. Ironic about the comment about the U.K. tech, which were respectable but still ironic the the British invented the first programmable computer. Post war the problem the British had was, a small domestic market, insufficient money to invest properly, and a short sighted political class who didn’t seem interested in science and technology. The university’s were often short sighted as well. The British are a very innovative and imaginative nation. Turning it into money is another thing.

[@ibrahimseth8646]

Insurans is the new bullish trend.

[@sealobo]

@10:33 lol holy moly i have never said that!

[@User-3U4D0SsPjQy28]

For the billionaire， the market always healthy

[@julioa5930]

Forecast AI is paying attention to these comments!

[@1968Rking]

With all due respect to the CEO, "stagflation" is high inflation low growth - not high interest rates low growth.

[@Jonathan-gk6se]

His point was that the country can handle higher rates whatever they are, as long as the country is growing, because she was persistent on getting him to choose a number when the economy will collapse

[@masteryancodesan]

here we are listening to part of the problem. he thinks record credit is a good thing. yes for a bank, not for an economy.

[@kurdi98k]

8% dimon is back.

[@xAGRESS0Rx]

5 felonies committed by JP morgan and no one in jail!!! Rules for thee not for me - Jamie dimon

[@drantonikachanel]

Who is this girl who interviewed Jamie? I would be embarrassed. Asking questions without doing her homework. How do you not prepare for an interview like this?

[@AshtonVsMarket]

the big boss

[@arigutman]

I can always appreciate Dimon's insights... Informative and wish he ran for President...

[@zenglider2145]

LOL

[@crouchhill]

Why be the President, when you can own them 😁

[@arigutman]

@@crouchhill … truth 😂

[@acornsucks2111]

Or get owned by them.@@crouchhill

[@joshfrench6426]

Are you retarded?

[@funkmasteryoda8323]

This guy is gonna say whatever he needs to make sure his bottom line isn't effected. Never trust these guys no matter how "honest and open" they appear

[@InJunoWeTrust]

He described the forecast as stormy with big clouds and a hurricane looming last year. Doubt that is positive for the bottom line.

[@Realizinq]

Truth

[@yukidejesus1956]

so ...why are you here watching this? Sounds like he is wasting your time but then yet here you are listening to what he is saying..

[@menassies3224]

Love this gyy

[@509travel8]

He is always try to be over optimistic, I start to doubt him .

[@teacherrussell5206]

I'm pretty he DID say he was worried about another Trump presidency, and I think he was sitting in that chair when he said it😁

[@vp6019]

"We hired the top guy at SVB" ... All I needed to hear from JD 😂

[@justinparker8548]

LOL you know he just had to throw that out there for the record

[@philipryoung]

Jamie dropping truth bombs at 11:00

[@jamesross5120]

imagine having as much money as Jamie my god.

[@evguenimigatchevsanchez4649]

Shout out to Aladin

[@Popunkwillneverdie]

How was I supposed to know that robin williams starred in friends with that harry guy from when harry met sally???? I was reading the twilight series hoping the outcome would be I don't know satisfying 😂😂😂

[@nillodo-vn1kj]

They edited the video

[@user-hg2rv6vw8u]

💯 1:24

[@user-hg2rv6vw8u]

3 1:53

[@user-hg2rv6vw8u]

Please 🛑 2:12

[@jzhng250]

He's saying "could it? Yes?" Omg this proves don't predict the market nobody will get it right

[@OVOChatgpt]

He’s an insider

[@tshirtnjeans4829]

The look on Jamie Dimon's face 10:36

[@whalehunter3214]

NO SOUND!

[@jmlfa]

What? I can't hear you.

[@figaro-dg5c5]

Check your volume settings :)

[@Popunkwillneverdie]

We can rewatch 50 first dates and cry about the jokes later

[@mikhelBrown]

Jamie *'DEMON'* Dimon. Back at it. 💯

[@ghosthdel3098]

i like him, he dumb it down for us sheeps so we understand the goals of the company. THis is why he is a CEO and i am not

[@figaro-dg5c5]

He's not the bad guy. He's misunderstood. He's actually one of the good ones.

[@Larry21924]

I'm deeply impressed by this. I came across similar material, and it was truly remarkable. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight

[@aviaforrester1481]

there's the difference.

[@senatorlainez]

"I'm not worried about JPMorgan" -- what a baller

[@OVOChatgpt]

🤣🤣😂😂 he knows how to be rich so well

[@Hugo__IV]

America’s banker 👏👏

[@Samuel-de4kb]

Isso ajudará muito

[@Naldoworld]

Did you ask why he helped Jeffery Epstein

[@jacquelinemiguez1326]

Credit card delinquencies are rising tho

[@janesung819]

But you that A I Chat gpt didn’t like traditional Chinese

[@donnagjoka2587]

I like him .. 👍

[@luiscastillo7009]

Dimon for president

[@jm7588]

This guy beat cancer in like 5 days he must have some very good doctors

[@ndiogoudjim4123]

Je demande donc protection

[@riesenbuhai]

he should run for President.

[@ckennedy1973]

El Jefe

[@olivierporte]

This didn’t age too well