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(CNBC)   JPMorgan Chase CEO Jamie Dimon on recession signals: "Very, very serious"   (cnbc.com) divider line
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    More: Interesting, Monetary policy, Central bank, Inflation, JPMorgan ChaseCEOJamie Dimon, Federal Reserve System, U.S. economy, Deflation, serious stuff  
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350 clicks; posted to Business » on 10 Oct 2022 at 11:30 PM (24 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



23 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
Cewley [TotalFark]
2022-10-10 5:53:17 PM  
Hard to take anything serious from a grown man who calls himself "Jamie".
 
potierrh [TotalFark] [OhFark]
2022-10-10 6:17:48 PM  
I am the only one that hears the word recession and translates that as 'time for another money grab by the rich'.
 
Irving Maimway [TotalFark] [OhFark]
2022-10-10 6:43:25 PM  
media3.giphy.comView Full Size
 
AsparagusFTW
2022-10-10 6:49:39 PM  
He is a jackass.

But his words on the economy carry more weight than any politician.
 
Dave and the Mission [TotalFark]
2022-10-10 9:32:48 PM  
Fark user imageView Full Size
 
NateAsbestos [TotalFark] [OhFark]
2022-10-10 10:10:19 PM  

AsparagusFTW: He is a jackass.

But his words on the economy carry more weight than any politician.


Why?
 
pxlboy [TotalFark]
2022-10-10 10:12:43 PM  
I remember this asshole. He was one of the business criminals that should've gone to prison after the financial crash of 2008. Instead, he got a bonus and everyone else got farked.
 
maddog2030 [TotalFark] [OhFark]
2022-10-10 10:44:12 PM  
My 401 says no shiat.
 
Rapmaster2000
2022-10-10 11:33:55 PM  

NateAsbestos: AsparagusFTW: He is a jackass.

But his words on the economy carry more weight than any politician.

Why?


He was mean to crypto.
 
cryinoutloud [BareFark]
2022-10-10 11:35:44 PM  
encrypted-tbn0.gstatic.comView Full Size
 
fortheloveof [TotalFark]
2022-10-10 11:39:22 PM  
Like Iran six months from the bomb serious?

School shooting serious? Or boys cannot control themselves and concentrate so girls have to wear clothes to not provoke the boys serious?

Or "I might be slightly inconvenienced by not having obscene increases in my personal wealth and will wreck the rest of the USA instead of allowing that to happen" serious?
 
Fonaibung
2022-10-10 11:41:29 PM  
He's been warning of a recession for the past six months. He'll be right eventually.
 
HempHead
2022-10-11 12:14:03 AM  

Fonaibung: He's been warning of a recession for the past six months. He'll be right eventually.


They are desperate to get Powell to bring interest rates back down. His bonus is going to suffer this year if rates stay where they are m
 
AsparagusFTW
2022-10-11 12:16:51 AM  

NateAsbestos: AsparagusFTW: He is a jackass.

But his words on the economy carry more weight than any politician.

Why?


Incentives.
 
fatalvenom
2022-10-11 12:51:03 AM  
FARK this whole world. Ugh.
 
edmo [TotalFark] [OhFark]
2022-10-11 3:07:37 AM  
Whenever I see Wall Street talking, it really means "Rich people are worried."

Regular people just need jobs and there are plenty of those but golly if the Fed isn't trying to hammer the labor market to keep rich people rich.
 
sleze
2022-10-11 6:37:41 AM  

Cewley: Hard to take anything serious from a grown man who calls himself "Jamie".


upload.wikimedia.orgView Full Size
 
Nick Nostril
2022-10-11 7:51:14 AM  
I typically believe the opposite of anything that comes out of these crook's mouths.
 
DaMannimal
2022-10-11 8:21:08 AM  

Nick Nostril: I typically believe the opposite of anything that comes out of these crook's mouths.


Oh theyve known about this for at least a year, and the last few holdouts were probably done in the spring.  The big money players have already pulled out.  They are prepping statements for their average Joe's that things will be ugly for the next year or so, so please keep your panic calls to your advisor to a minimum.
 
morg
2022-10-11 9:51:57 AM  

maddog2030: My 401 says no shiat.


Never look at the 401k, Ray.

/down 20% on the year, I don't know what I was thinking even looking.
 
NateAsbestos [TotalFark] [OhFark]
2022-10-11 10:29:55 AM  

AsparagusFTW: NateAsbestos: AsparagusFTW: He is a jackass.

But his words on the economy carry more weight than any politician.

Why?

Incentives.


Ah, very informative.
 
scotchcrotch
2022-10-11 12:37:26 PM  
And it won't benefit him and his cronies whatsoever to spook the market, shorting on the way down and buying calls on the way back up.

A guy who has more money than he can ever spend in his lifetime has little worries about the economy.
 
Darkmeer [TotalFark]
2022-10-11 3:05:12 PM  
And he doesn't really care.
 
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