Tue, 14 Oct 2025

Tue, 14 Oct 2025 The Interview

Simon Jack speaks to Jamie Dimon, head of US bank JP Morgan Chase about the global economy
Jamie Dimon, CEO of JP Morgan Chase, warns that the global economy is facing uncertain times due to various risks, including a possible significant drop in the US stock market within two years. Despite these concerns, he remains optimistic about America's economic prospects, calling it the best in the world. However, Dimon expresses skepticism about President Trump's leadership style, stating that the US has become a "less reliable" international partner due to his actions. He credits Trump with pushing other NATO members to increase their defense spending, which is essential for global stability given the increased danger posed by Russia's invasion of Ukraine. Dimon has been at the helm of JP Morgan Chase for nearly two decades and has been tipped as a potential US Treasury Secretary, but he says this is not something he is considering.
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