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liz: jamie dimon. >> they tried to do it with jamie. liz: buffett. >> i don't know if iss would go after buffett t would take huge you know whats to go after buffett but i've seen proxy advisors go after jamie, larry fink, ceo, chairman, ceo of blackrock. larry: brian -- brian mon moynihan. they usually get beaten back. the difference david solomon does not have the sort of track record those other guys have in terms of stock price although goldman isn't doing horribly in terms of stock price. i believe so far this year trailing the s&p but david solomon has had a couple of big blunders. i mean he has had problems starting the retail bank. they had to fold that. he had massive dissent in the ranks. there is an issue here about people leaving. everybody other day i'm reading something about people leaving there is also a thing about whether women are being promoted fairly inside or they have been held back. i'm not saying i agree with any of that. liz: this would get traction, many cases they don't? >> i think it is good odds it will get
liz: jamie dimon. >> they tried to do it with jamie. liz: buffett. >> i don't know if iss would go after buffett t would take huge you know whats to go after buffett but i've seen proxy advisors go after jamie, larry fink, ceo, chairman, ceo of blackrock. larry: brian -- brian mon moynihan. they usually get beaten back. the difference david solomon does not have the sort of track record those other guys have in terms of stock price although goldman isn't doing horribly in terms of...
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all spending let's not forget what forgiving student debt is more surplus what jpmorgan ceo jamie dimon is warming about you all shareholders letter high deficit spending may send interest rates soaring talks about stimulus out there, in his letter to shareholders writing think it is important to note that the economy is being fueled by large amounts of government deficit spending past stimulus this may lead to stickier inflation higher rates than markets expect huge fiscal spending trillions needed each year for green economy, the remill tarization told me in january singing the a while i don't think joe biden is getting the memo. >> where does fed fit in jamie right now priced in three rate cuts fwoibl or three in 2025 do you agree with that i am. >> i am a skeptic i look at a lot of things forget economic model, two trillion dollars fiscal deficit, the infrastructure, the green economy, the remilitarization of the world restructuring of trade all inflationary, that looks more 1970s to me, so i think there is a chance here that people should be prepared for inflation comes down bounce
all spending let's not forget what forgiving student debt is more surplus what jpmorgan ceo jamie dimon is warming about you all shareholders letter high deficit spending may send interest rates soaring talks about stimulus out there, in his letter to shareholders writing think it is important to note that the economy is being fueled by large amounts of government deficit spending past stimulus this may lead to stickier inflation higher rates than markets expect huge fiscal spending trillions...
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morgan jamie dimon shareholder questions and fed outlook for a soft landing. the banker warning the interest rates could skyrocket to 8% amid skyhigh debt in international conflict. march cpi out tomorrow morning, ppi on thursday. all hands on deck for reaction to the inflation numbers, join us and stay with us as we join you with the preview this morning. first-quarter earnings season, the major bank supporting earnings on friday. we have a preview. take a look european markets, the s&p 100 and london is up a fraction, cat crown in paris is down, the tax in germany is lower by 123. in asia overnight markets finish mostly higher take a look at the story in the asian industries, the one weak spot was a korean index down half 8%. the prime minister of japan will be in washington this week, a steak dinner wednesday night a joint session with congress with the prime minister of japan the average up overnight. d.o.j. refusing to turn over the audio of his interview with special counsel robert hur despite a contempt threat from congress, the open border can't crisis
morgan jamie dimon shareholder questions and fed outlook for a soft landing. the banker warning the interest rates could skyrocket to 8% amid skyhigh debt in international conflict. march cpi out tomorrow morning, ppi on thursday. all hands on deck for reaction to the inflation numbers, join us and stay with us as we join you with the preview this morning. first-quarter earnings season, the major bank supporting earnings on friday. we have a preview. take a look european markets, the s&p...
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Apr 24, 2024
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jamie. we do have right now a lot of turmoil in the middle east, this happened in the '70s, oil prices spiked and take was a big problem for the economy. back then we were oil dependent on the middle east. today we're oil independent. so we still have prices basically beating out wages and that was a big deal. you had stagflation, slow growth, high inflation. today it's like the opposite. we have phenomenal growth, we're tracking 2.9% for first quarter gdp. that's a really high number and adam's point, we're at 50 year low unemployment, wages are going up and moderating. they're not going up as a anymore. wage inflation is starting to moderate and starting to see wages outpace inflation. that's the key thing everyone was talking about inflation beating out wages. that was a big problem. now you're seeing the opposite. you have to see where the skate is going to be. if that continues that's a great trend for the economy this year. that's the trend we've been seeing, moderating inflation, wage
jamie. we do have right now a lot of turmoil in the middle east, this happened in the '70s, oil prices spiked and take was a big problem for the economy. back then we were oil dependent on the middle east. today we're oil independent. so we still have prices basically beating out wages and that was a big deal. you had stagflation, slow growth, high inflation. today it's like the opposite. we have phenomenal growth, we're tracking 2.9% for first quarter gdp. that's a really high number and...
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jamie dimon has a stark warning. he says the economy is propped up by government spending and rising deficits. duh. the bigger question what should we do about it? i love to hear from you. tweet me @cvpayne. my takeaway on continued efforts to browbeat folks that their economy is great. all that and so much more on "making money." ♪. charles: all right, folks, a special show, the nation engulfed in total eclipse mania. we're talking about the path of totality, not just for the guys but for the stock market, moonshots, our star, we have all of that in today's show. i'm not saying there is a direct correlation but this is pretty intriguing. i went back to look at total eclipses going back to 1950 for the s&p. we've done pretty well. 5 l 49%. 63 up 19%. 1970 we were up. 72 we were up. we were only one once, 1990, down 7%. last one we had we were up 19%. maybe this will be a good omen for the market. of course the question is, at what stage of the rally are we at? i got to tell you something, changes on the ground have
jamie dimon has a stark warning. he says the economy is propped up by government spending and rising deficits. duh. the bigger question what should we do about it? i love to hear from you. tweet me @cvpayne. my takeaway on continued efforts to browbeat folks that their economy is great. all that and so much more on "making money." ♪. charles: all right, folks, a special show, the nation engulfed in total eclipse mania. we're talking about the path of totality, not just for the guys...
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Apr 18, 2024
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a major shouting match between oversight chair james comber cd jamie raskin kin. and we have fox news c ontributor, author and tammy bruce and protester president biden and chanting bidenomics has got to go. what's with all of the biden campaign blunders coming off this breaking news. the convenient store that the federal government sued for violating civil rights v iolations and for not hiring black and minority workers 6789 you can't make the stuff up. we have the details coming up on "the evening "the evening edit". e solutions, of m when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insu
a major shouting match between oversight chair james comber cd jamie raskin kin. and we have fox news c ontributor, author and tammy bruce and protester president biden and chanting bidenomics has got to go. what's with all of the biden campaign blunders coming off this breaking news. the convenient store that the federal government sued for violating civil rights v iolations and for not hiring black and minority workers 6789 you can't make the stuff up. we have the details coming up on...
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jamie dimon is a long-time democrat. david: i may differ from certainly the lighthizer mode with regard to trade policy. >> i would tell you that the core element of being treasury secretary is dealing with china, trade policy, sanctions, on all kinds of enemies around the world. so you need somebody who is on the same page with regard to china and i'm not sure jamie dimon would be particularly -- david: not as far as blackstone. chase is -- you. >> really need somebody who is very similar in the thinking and an aggressive approach to china as president trump is. david: they're giving me a wrap but you're going to the trump event this weekend, right? >> yes i am. david: do you think he will make 32 million which is what he wants? >> let's hope so. the lord only knows the country needs a different direction, there -- david: you weren't always, you're not a never-trumper but you were not always just trump guy? >> i've always been pretty positive on the president particularlies as it relates to his economic policies. i thin
jamie dimon is a long-time democrat. david: i may differ from certainly the lighthizer mode with regard to trade policy. >> i would tell you that the core element of being treasury secretary is dealing with china, trade policy, sanctions, on all kinds of enemies around the world. so you need somebody who is on the same page with regard to china and i'm not sure jamie dimon would be particularly -- david: not as far as blackstone. chase is -- you. >> really need somebody who is very...
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Apr 12, 2024
04/24
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stuart: the problem with jpmorgan is the ceo jamie dimon, on the call he warned about head wents like persistent inflation, possible wars and the federal reserve, he says they could all hurt the strong economy. not the bank operations itself but the way the bank ceo, powerful guy, sees the future. what do you say? >> maybe the markets believe what jamie dimon is saying about the overall environment but we all swim in the same water so i don't see why those forecasts would hit jpmorgan more than others. you might argue that jamie dimon is incorrectly going to prepare jpmorgan for a serious downturn but he said things things like this in the past. 18 months ago he was talking about an economic hurricane hitting the economy which never came to fruition but jpmorgan did very well. he didn't really prepare the bank for this terrible time so inflation headwinds continue, high interest rates, the economy looks like a risk, let's impact all stocks in general but white impact jpmorgan more than anyone else i would know. we are down 5% on jpmorgan. stuart: do you think jpmorganed thing jamie di
stuart: the problem with jpmorgan is the ceo jamie dimon, on the call he warned about head wents like persistent inflation, possible wars and the federal reserve, he says they could all hurt the strong economy. not the bank operations itself but the way the bank ceo, powerful guy, sees the future. what do you say? >> maybe the markets believe what jamie dimon is saying about the overall environment but we all swim in the same water so i don't see why those forecasts would hit jpmorgan...
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about treasury secretary, one name, we were kibbitzing about, that one name i thought was smart was jamie dimon, he is a democrat, everyone says that trump wants to exclude everyone but a trump-like person, and chance that a d democrat like jamie dimon, one of few moderate democrats in the world. >> i don't know what president trump is thinking, he is thinking in a lot of different directs. david: but you worked there. >> secretary mnuchin was very effective secretary. and you have to look at finance, you look at a number of figures, john pal john paulson, but outside of the box robert lighthizer and jamie dimon, s-- he is a long time democrat. david: he may liver from lighthizer mode. >> a core element of being treasury secretary is dealing with china. trade policies, sanctions, on all kinds of enemies in the world, you need someone who is on the same page with regard to china, i'm not sure that jamie dimon would be particularly. david: not as far as blackstone. >> but you need someone who is very similar in the thinking and aggressive approach to china as drusm p president trump is. dav
about treasury secretary, one name, we were kibbitzing about, that one name i thought was smart was jamie dimon, he is a democrat, everyone says that trump wants to exclude everyone but a trump-like person, and chance that a d democrat like jamie dimon, one of few moderate democrats in the world. >> i don't know what president trump is thinking, he is thinking in a lot of different directs. david: but you worked there. >> secretary mnuchin was very effective secretary. and you have...
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Apr 12, 2024
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here's jamie in january with me on this program. watch. we're coming off this little bit of a drought in capital markets activity. i'm wondering if you're getting a sense the log jam will breaks this year in 2024. >> i think you've seen part of the log jam broke early last year. you see ipos, not as many but they're coming back, slightly different types, saw a such he'll big healthcare ipos, m&a you're seeing. if you want to do a huge deal you can do a $30 billion deal, $30 billion financing, probably today. so yeah, it's open. maria: of course we've seen capital markets hit record highs in the first quarter. >> the capital markets are looking -- i don't know the president is providing as well as he should. i hope we'll see stable interest rates for the end of the year. if the that's the case, i think capital a markets could drive good profits for the big banks. the other concern is we have $2.2 trillion of commercial real estate financing coming due in the next four years, 2.2 trillion. and as many of these properties are under-valued com
here's jamie in january with me on this program. watch. we're coming off this little bit of a drought in capital markets activity. i'm wondering if you're getting a sense the log jam will breaks this year in 2024. >> i think you've seen part of the log jam broke early last year. you see ipos, not as many but they're coming back, slightly different types, saw a such he'll big healthcare ipos, m&a you're seeing. if you want to do a huge deal you can do a $30 billion deal, $30 billion...
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Apr 12, 2024
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jpmorgan ceo jamie dimon says it's quite clear the american economy is strong. on the conference call he says credit card chargeoffs are normalizing. he also says there are some cracks in subprime auto. this is all coming out of the call this morning. of course, we know at the ceo of jp morgan has been quite skeptical of a soft landing, and if he has talked about the stimulus money keeping inflation at a elevated levels. the stock this morning was up 3.5% despite beating earnings and revenue expectation, but coming in a little light on net interest income. we'll keep following the banks. a lot more next week, join us for the rest of the first quarter earnings reporting season. that'll do it for us. i will see you tonight on maria bart row -- bartiromo's "wall street. have a good one. stu, take it away we. stuart: all right, good morning, everyone. looming this weekend, terror and war. the alarm bells are ringing. according to "the wall street journal," an iranian attack on israel is expected in the next two days. an american general is over there now backing up
jpmorgan ceo jamie dimon says it's quite clear the american economy is strong. on the conference call he says credit card chargeoffs are normalizing. he also says there are some cracks in subprime auto. this is all coming out of the call this morning. of course, we know at the ceo of jp morgan has been quite skeptical of a soft landing, and if he has talked about the stimulus money keeping inflation at a elevated levels. the stock this morning was up 3.5% despite beating earnings and revenue...
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Apr 12, 2024
04/24
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jpmorgan ceo jamie dimon says it's quite clear the american economy is strong. on the conference call he says credit card chargeoffs are normalizing. he also says there are some cracks in subprime auto. this is all coming out of the call this morning. of course, we know at the ceo of jp morgan has been quite skeptical of a soft landing, and if he has talked about the stimulus money keeping inflation at a elevated levels. the stock this morning was up 3.5% despite beating earnings and revenue expectation, but coming in a little light on net interest income. we'll keep following the banks. a lot more next week, join us for the rest of the first quarter earnings reporting season. that'll do it for us. i will see you tonight on maria bart row -- bartiromo's "wall street. have a good one. stu, take it away we. stuart: all right, good
jpmorgan ceo jamie dimon says it's quite clear the american economy is strong. on the conference call he says credit card chargeoffs are normalizing. he also says there are some cracks in subprime auto. this is all coming out of the call this morning. of course, we know at the ceo of jp morgan has been quite skeptical of a soft landing, and if he has talked about the stimulus money keeping inflation at a elevated levels. the stock this morning was up 3.5% despite beating earnings and revenue...
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Apr 12, 2024
04/24
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>> it's interest rates and jamie dimon thinks interest rates can go to 8%. we're talking about a gain of about 70% in terms of where interest rates are right now, stuart. they're barely even 5%. i'm buying pfix. this one goes up when interest rates goes up. it was up 60% back in 2022. you remember that's when interest rates rates soared and interest rate expectations for cuts reigned in this week. if interest rates go up, this will do quite well. stuart: pfix, buy it if you think interest rates are going occupy. jonathan hoenig, thank you very much. see you again real soon. have a good weekend. lauren's back looking at movers including especially a b lackrock. lauren: they reversed course and was higher after reporting a record $10.5 trillion in assets under management, but their inflows are slowing and falling because slimes are sitting on the sidelines and i wanted to say ceo larry fink says inflation is not getting back to 2% any time soon. stock down 1.3%. stuart: progressive. that's as an insurance company. lauren: stronger profit and thanks to digger d
>> it's interest rates and jamie dimon thinks interest rates can go to 8%. we're talking about a gain of about 70% in terms of where interest rates are right now, stuart. they're barely even 5%. i'm buying pfix. this one goes up when interest rates goes up. it was up 60% back in 2022. you remember that's when interest rates rates soared and interest rate expectations for cuts reigned in this week. if interest rates go up, this will do quite well. stuart: pfix, buy it if you think interest...
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Apr 18, 2024
04/24
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schiff, began goldman. >> a cover man said, it is a book that wasn't joe biden saying that that was jamie raskin. maria: good point a lot coming up speaker with of the house mike johnson pushing for saturday vote on three foreign aid bills totals more than 5 million dollars after rebellion from win threats to remove him from off thes byron donalds is here don't miss that. you gotta -- ♪ ♪ ♪ you gotta ♪ ♪ . there are many ways to do things. at old dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go. . maria: welcome back house releasing the text of three foreign aid bills more than 95 billion dollars, 60 billion to ukraine, additional 26 billion to israel, 8 billion for taiwan speaker mike johnson announcing rules committee wil
schiff, began goldman. >> a cover man said, it is a book that wasn't joe biden saying that that was jamie raskin. maria: good point a lot coming up speaker with of the house mike johnson pushing for saturday vote on three foreign aid bills totals more than 5 million dollars after rebellion from win threats to remove him from off thes byron donalds is here don't miss that. you gotta -- ♪ ♪ ♪ you gotta ♪ ♪ . there are many ways to do things. at old dominion freight line, we do...
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one name i thought was kind smart was jamie dimon.e he's a democrat. everybody is saying trump wantst to exclude anybody but a trump like person. he's an independent thinker. aany chance that a democrat like jamie dimon woulrated be the treasury secretary? i don't know where trump is thinking. he's thinking in a lot of different directions for a lot of different posts. david: you worked there. >> secretary my my mnuchin was, evidenceing testify. he's looking at -- effective. robert li light hi iser was aei possibility.ng the core element of treasury secretary is dealing with chinad trade policy, sanctions on all kinds of enemies around the world. so you need somebody who is onos the same page with record to china and a i'm not sure that jamie dimon would be particularly --cu david: nolat as far as blackstone, though. >> you need somebody who is very similar in the thinking toward an aggressive approach th china as president trump is. david: they're giving me a wrap. you're going to the trump even this weekend, right in. >>>> yes.davi yes, i am. david:t
one name i thought was kind smart was jamie dimon.e he's a democrat. everybody is saying trump wantst to exclude anybody but a trump like person. he's an independent thinker. aany chance that a democrat like jamie dimon woulrated be the treasury secretary? i don't know where trump is thinking. he's thinking in a lot of different directions for a lot of different posts. david: you worked there. >> secretary my my mnuchin was, evidenceing testify. he's looking at -- effective. robert li...
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Apr 26, 2024
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jamie dimon felt this way for a long time. he told me the exact same thing in january, that he's skeptical of the soft landing, that inflation will stay high because of the fiscal spending and he's right. look at the fiscal spending, talking about the inflation reduction act, fees call responsibility act, forgiveness of student loan act, chips act, green energy tax credits, adding up to $7 trillion. the fed is fighting the fiscal money coming at you. i want to ask about the independence of the fed. i feel like i'm reading the washington post this morning with this article in the journal. the wall street journal is writing that the former president trump's allies are drawing up plans to challenge the fed's independence, urging that the president should be consulted on rate decisions. this is what the wall street journal is writing this morning. meanwhile, it was president biden who had all these opinions about the fed and a seems to be publicly egging on jay powell to cut interest rates. here's joe biden just a couple weeks ago
jamie dimon felt this way for a long time. he told me the exact same thing in january, that he's skeptical of the soft landing, that inflation will stay high because of the fiscal spending and he's right. look at the fiscal spending, talking about the inflation reduction act, fees call responsibility act, forgiveness of student loan act, chips act, green energy tax credits, adding up to $7 trillion. the fed is fighting the fiscal money coming at you. i want to ask about the independence of the...
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Apr 11, 2024
04/24
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maria: once again goes back to policy, you mentioned jamie dimon, chairman ceo of jpmorgan reiterated what he told me in january, that all of the spending from inflation reduction act to fiscal responsibility act to forgiveness student student debt reason inflation is elevated. >> where does fed fit in jamie pretty much priced in 3 rate cuts this year possibly two or three rate cuts in 2025 do you agree. >> i am a skeptic i look at a lot of things forget economic modeled for a second two trillion dollars fiscal deficit infrastructure, green economy, the remilitarization of the world have restructuring of trade all inflationary looks more 1970s to me, i think there is a chance here people should be prepared for that inflation comes down bounce around maybe bounced up a little bit implied curves will change. >> spot-on in january tomas do you think spending or all stimulus slows down anytime soon? we've been waiting for money to go away covid money and, yet, the president keeps ritzing that he wants to forgive more student debt, that is -- is stimulus. >> very stimulus i mean largest --
maria: once again goes back to policy, you mentioned jamie dimon, chairman ceo of jpmorgan reiterated what he told me in january, that all of the spending from inflation reduction act to fiscal responsibility act to forgiveness student student debt reason inflation is elevated. >> where does fed fit in jamie pretty much priced in 3 rate cuts this year possibly two or three rate cuts in 2025 do you agree. >> i am a skeptic i look at a lot of things forget economic modeled for a...
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Apr 29, 2024
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jamie, good to see you. thanks for being here with us. chris, i want to kick things off with you with a look at futures where we're expect ago higher opening for the broader averages ahead of earnings which are coming in pretty good, dow industrials up 34, nasdaq up 46, s&p up 8 points right now. the 10 year treasury is pulling back ahead of the federal reserve's meeting tomorrow, the talk is over whether or not the federal reserve will cut interest rates and whether they'll do it this summer or if they'll do it all year. the yield on the 10 year, 4.63%, down 3 and-a-half basis points. the wall street journal reporting even if the fed cuts the days of ultra low rates are over. chris, what are you expecting? >> i think we still expect a little bit of a cut can. people are saying no, pundits are saying maybe no cut is necessary with the commercial debt out there we believe it's necessary. it's a weird market. you can't paint it with one brush stroke. everyone said google is done, no one will google anymore. they're paying a dividend and doi
jamie, good to see you. thanks for being here with us. chris, i want to kick things off with you with a look at futures where we're expect ago higher opening for the broader averages ahead of earnings which are coming in pretty good, dow industrials up 34, nasdaq up 46, s&p up 8 points right now. the 10 year treasury is pulling back ahead of the federal reserve's meeting tomorrow, the talk is over whether or not the federal reserve will cut interest rates and whether they'll do it this...
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where does the fed fit in, jamie? right now it's pretty much priced in we're going to get three rate cuts this year, possibly two or three rate cuts in 2025. do you agree with that? >> i'm a skeptic. i look at a lot of things and forget just economic models for a second. $2 trillion of fiscal deficit, the infrastructure and ira act, the green economy, the remilitaryization of the year, restructuring of trade are all inflationary. that looks a little more like 1970s to me so i think there's a chance people should be prepared for that inflation comes down but then bounced around 3, bounces up a bit and those implied curves will change. maria: brenda, we're waiting on the cpi, comes out tomorrow morning. obviously oil prices are not going to be helpful, around $85 a barrel, 86. your reaction? >> so maria, look, i think all cpi data matters but tomorrow is going to matter more than ever. why? because as you mentioned, we have seen an increase in inflation in january and in february. two months do not make a trend but if w
where does the fed fit in, jamie? right now it's pretty much priced in we're going to get three rate cuts this year, possibly two or three rate cuts in 2025. do you agree with that? >> i'm a skeptic. i look at a lot of things and forget just economic models for a second. $2 trillion of fiscal deficit, the infrastructure and ira act, the green economy, the remilitaryization of the year, restructuring of trade are all inflationary. that looks a little more like 1970s to me so i think...
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Apr 24, 2024
04/24
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jpmorgan ceo jamie dimon feeling confident. >> if you had to describe the u.s. economy, how resilient is it? >> it's unbelievable but, if you look at, basically it is booming. it has been booming for a while. since covid, kind of before there was slow growth. if you look at the economy it was very low growth for 20 years. if i was a government i would be looking at that saying why. i think there are a lot of bad reasons for it, like regulations and bureaucracy and stupidity and foreign policies and anti-growth taxation and a whole bunch of different other types of stuff but if you look at the economy since then, it has been booming. edward: but voters disagree. brand new polls showing that voters in swing states souring on the country's economic outlook. fox news's peter doocy is at the white house. peter the election could boil down to a few states, right? >> reporter: yes, edward, campaignwise, if you look at the seven states, battleground states most likely to determine the outcome of the election, the biden team, campaign and their allies, trump team, that c
jpmorgan ceo jamie dimon feeling confident. >> if you had to describe the u.s. economy, how resilient is it? >> it's unbelievable but, if you look at, basically it is booming. it has been booming for a while. since covid, kind of before there was slow growth. if you look at the economy it was very low growth for 20 years. if i was a government i would be looking at that saying why. i think there are a lot of bad reasons for it, like regulations and bureaucracy and stupidity and...
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Apr 24, 2024
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we did, of course, hear from jamie dimon talking about a booming economy. airbnb clearly one of the big quinners if you're looking a -- winners. my sue hoe likes the stock. stuart: thank you, taylor. we're down a mere 17 is points. dow winners, there are some. let's have a look at them, headed by boeing, visa, intel, microsoft, nike all on the cup side, all dow stocks and winnersers. s&p 500, tesla, hasbro, web -- boston scientific, what is that? [laughter] >> i don't know, stu. stuart: i don't know that one. tesla, though, that's up 11%, and and that's a winner, right? nasdaq composite, the winner there is tesla, up to $1 is 61. costar, texas instruments, on semi. did i get all of that right? >> you did. on semi and analog are good chipmakers. stick with those. stuart: the 10-year moving up, 4.63%. the price of gold moving down again, off $6 at $2335. bitcoin hovering around $66,000, and it has been for a week. oil, low $880 a barrel -- 80 a barrel area, $82 a barrel now. nat gas always a below $2 and still is below $2, 1.74, to be precise. a gallon of reg
we did, of course, hear from jamie dimon talking about a booming economy. airbnb clearly one of the big quinners if you're looking a -- winners. my sue hoe likes the stock. stuart: thank you, taylor. we're down a mere 17 is points. dow winners, there are some. let's have a look at them, headed by boeing, visa, intel, microsoft, nike all on the cup side, all dow stocks and winnersers. s&p 500, tesla, hasbro, web -- boston scientific, what is that? [laughter] >> i don't know, stu....
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Apr 10, 2024
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dimon letter to shareholders released yesterday, jamie told me this thing in january, watch this. >> where does fed fit in right now pretty much pride of in three rkdz this year possibly two or three republics in 2025 do you agree with that i am a skeptic, i look at a o lot of things forget economic molly for a second, two trillion dollars fiscal deficit, the infrastructure, the green economy, the and that looks a little more like 1970s to me. i think there's a chance that the people should be prepared f that inflation comes down, maybe bounces around 3, maybe bounces up a little bit, and those implied curves will change. maria: lee zeldin, what is it going to take for this administration to recognize that all of this reckless spending approved by the democrats in congress has caused this inflation problem? >> they're not going to recognize it and, actually, a lot of people in congress don't think the debt is a problem. they'll continue to spend and increase the debt. when we talk about the prices of food and groceries, this is about survival. when you talk about being able to afford
dimon letter to shareholders released yesterday, jamie told me this thing in january, watch this. >> where does fed fit in right now pretty much pride of in three rkdz this year possibly two or three republics in 2025 do you agree with that i am a skeptic, i look at a o lot of things forget economic molly for a second, two trillion dollars fiscal deficit, the infrastructure, the green economy, the and that looks a little more like 1970s to me. i think there's a chance that the people...
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Apr 18, 2024
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jamie dimon in 2020 was supporting, they allowed that sort of message. it was all over the media. now he is no, he is red-blooded american. he just wanted, didn't want to block the guys behind him. >> what a difference a couple years make. in 2018 google let the tail wag the dog. employees were furious with some government contract. they turned around. fired 28 employees. investigated a bunch much others. these people came in. they did a sit-in in blocked executive from the google cloud assistant. >> this should not happen. liz: deface company property. these are employees. google said we're done, you're done. >> google used to have all those catchy woke sayings, right? do no harm for them? liz: do no evil. >> do no evil. wait a second. liz: they're punishing these people now. this is a change. >> google fired a programmer, i think is name is james denimor, they fired him after he wrote something basically said of the company is too woke. they fired him. liz: that was then. >> i'm saying. liz: pichai is in, it is a different sheriff in town. >> no. two weeks ago they were, they we
jamie dimon in 2020 was supporting, they allowed that sort of message. it was all over the media. now he is no, he is red-blooded american. he just wanted, didn't want to block the guys behind him. >> what a difference a couple years make. in 2018 google let the tail wag the dog. employees were furious with some government contract. they turned around. fired 28 employees. investigated a bunch much others. these people came in. they did a sit-in in blocked executive from the google cloud...
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Apr 23, 2024
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if it is not larry fink, not jamie dimon. when jamie dimon took a need during the george boyd protests he said donald trump did a lot of good stuff during his presidency and took a knee in the famous photo that has been circulating, now that they are excused, a lot of people behind him. take that for what it is worth. a lot of these firms embraced woke capitalism, go woke go broke comes out in august. hard to put the genie back in the bottle. goldman sachs, there's a pronoun guide, certain pronouns, i suggest you look at it. i don't want to describe it. go to goldman sachs, you can make a determination. neil: can't wait to hear that book. going up on the senate to vote, it could lead to the ban of tiktok, the spec commissioner. ♪ the best advice i ever got was to invest with vanguard for my retirement. the second best? stay healthy enough to enjoy it. so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. he
if it is not larry fink, not jamie dimon. when jamie dimon took a need during the george boyd protests he said donald trump did a lot of good stuff during his presidency and took a knee in the famous photo that has been circulating, now that they are excused, a lot of people behind him. take that for what it is worth. a lot of these firms embraced woke capitalism, go woke go broke comes out in august. hard to put the genie back in the bottle. goldman sachs, there's a pronoun guide, certain...
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Apr 18, 2024
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maybe a little poly anna but that's jamie dimon. stuart: thanks, ash. you've got to look at this. squatters in new york city can now get free lawyers. can you believe that? well, that's new york and that's america. the full story coming up. biden authorized hundreds of thousands of work permits for venezuelan migrants. one restaurant owner in chicago says that's offensive and it's unfair. that business owner joins us next. stuart: nice gain for the dow and up 303 points and solid nasdaq up 9 o 0* and s&p up 306789 we got green today and lou basenese along for the ride for the hour and he's got stock picks. dock u -- doc u sign? is that oj simpson's lawyer? >> no, we use that multiple time as day and that's true of my businesses. in a tough tape and a market where we're see ago lot of red, want to focus on companies that are consistently putting up e arnings growth and docu sign has come up with that. stuart: couldn't they be a ffected by ai? >> they could but it's a great opportunity and they're integrating ai into technology and making the verification of signatures that much mor
maybe a little poly anna but that's jamie dimon. stuart: thanks, ash. you've got to look at this. squatters in new york city can now get free lawyers. can you believe that? well, that's new york and that's america. the full story coming up. biden authorized hundreds of thousands of work permits for venezuelan migrants. one restaurant owner in chicago says that's offensive and it's unfair. that business owner joins us next. stuart: nice gain for the dow and up 303 points and solid nasdaq up 9 o...
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jp morgan ceo jamie dimon slamming the move calling it "not only wrong but enormously naive". u.s. oil production down by 800,000-barrel as day and most recent rea reading from the 2024 from u.s. energy information administration. joining us now from house transportation infrastructure congressman eric burleson. good to see you, kongman. are we going to be actually having an outright ban on lng exports? >> with this in place, we've been jeopardizing hundreds of thousands of jobs in the united states and billions of doll lalashes in potential revenues d tens of billions in revenue coming in to the united states. david: but we're also threatening jobs and consumes. we have -- we're looking forward to eight years time with information to 80% increase in consumption and all the things we're plugging into and add onto that, all the electric car mandates they have, mandates to get rid of gas heating in our homes and god knows what else. our electric grids just won't be able to handle all this electricity. >> piling on and attempt to force everyone towards this electrified green new deal
jp morgan ceo jamie dimon slamming the move calling it "not only wrong but enormously naive". u.s. oil production down by 800,000-barrel as day and most recent rea reading from the 2024 from u.s. energy information administration. joining us now from house transportation infrastructure congressman eric burleson. good to see you, kongman. are we going to be actually having an outright ban on lng exports? >> with this in place, we've been jeopardizing hundreds of thousands of jobs...
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Apr 12, 2024
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morgan is in a better position if interest rates are higher longer, jamie dimon said it himself he said we think interest rates will be higher and longer inflation stickier their most prepared for this there is an unrealistic expectation on j.p. morgan and a double hit a double beat were thinking the 12 month number traveling the street and by the end of the trading day this is a short-term phenomenon. maria: i would probably agree with i think jamie dimon outline all of the things that he's worried about right now in his annual letter, there is that but the company's fundamentals have been strong in the stock is down at the low with the morning better than 4%. stay with us were on the story and we have more coming on. we'll be right back. ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a little bit louder) ♪ ♪ it's our time ♪ ♪ you don't want to miss it ♪ ♪ it's your moment in the spotlight ♪ all your ambitions. all in one app. low fixed rates. borrow up to $100k. no fees required. sofi. get your money right®. (vo) antarctica... you have to experience it to
morgan is in a better position if interest rates are higher longer, jamie dimon said it himself he said we think interest rates will be higher and longer inflation stickier their most prepared for this there is an unrealistic expectation on j.p. morgan and a double hit a double beat were thinking the 12 month number traveling the street and by the end of the trading day this is a short-term phenomenon. maria: i would probably agree with i think jamie dimon outline all of the things that he's...
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judy, you sounded a bit like something jamie dimon said in his note to stockholders and jamie said it's important to note the economy is being fueled by large amounts of government deficit stephoning and past symmelus. there's also growing need for increased spending as we continue transiting to a greener economy, restructuring global supply change and battling high healthcare costs and this may lead to stickier and comfortable inflation with higher rates than markets expect. where sin fellation going tomorrow? we get cpi numbers. i don't expect you to forecast what they will be. but where are you thinking inflation is going in general? >> so long as this fiscal stimulus is going we can expect to see general level price levels and commodities going up, energy going up, gold, copper, fuel, and the problem is it's become clear that no matter how high the revenues go, that come into the government under this administration they expand all that and more. there's no interest rate high enough for the federal reserve who request fight that kind of inflationary pressure. so long the fiscal stim
judy, you sounded a bit like something jamie dimon said in his note to stockholders and jamie said it's important to note the economy is being fueled by large amounts of government deficit stephoning and past symmelus. there's also growing need for increased spending as we continue transiting to a greener economy, restructuring global supply change and battling high healthcare costs and this may lead to stickier and comfortable inflation with higher rates than markets expect. where sin...
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Apr 11, 2024
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i mean, jamie dimon has been raising the red flag on debt, on a national level, personal level. so what do you make of what he's been saying in terms of the potential of this economy really slowing down? you saw the annual letter yesterday. he talked about all of the stimulus. look, the inflation reduction act, fiscal responsibility act, forgiveness of student loan debt, all of the stimulus is thrown at the fed which is trying to deal with the tsunami of spending while also reining in rates. >> that's a positive for the equity market. when we look at what biden has signed and starting to really trickle into the economy this year with 6.2 trillion of cash, when we do that as a percentage of gdp, our economy is flush with cash. yes, there's going to be pockets of consumers that struggle. we do acknowledge that. but net worth is at a record all-time high. and the economy is growing. all the economic indicators are to us look like they bottom and they're growing. when we look at earnings estimates revisions which are the best correlation to the stock market, they're rising. and jami
i mean, jamie dimon has been raising the red flag on debt, on a national level, personal level. so what do you make of what he's been saying in terms of the potential of this economy really slowing down? you saw the annual letter yesterday. he talked about all of the stimulus. look, the inflation reduction act, fiscal responsibility act, forgiveness of student loan debt, all of the stimulus is thrown at the fed which is trying to deal with the tsunami of spending while also reining in rates....
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Apr 12, 2024
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morgan and jamie diamond who has his pulse on the economy as well and he did not give guidance for the rest of the year i think everybody was expecting so with all of those notes about the economy and geopolitics, i think you have the perfect storm. >> the bottom line for jamie diamond is you can't be spending all this money without having an inflationary effect. it's got to have an effect with joint of dollars, deficit spending in the first place that caused the problems we have with inflation and that was caused by drilling dollar spending plans. >> the biden administration's political problem and an economic problem is they first denied and then set it's transitory and then he said is going away. the american people feel they've been gas lit. they don't trust what they are saying, clearly. >> the inflation was much higher and biden came into office which is not true. >> he said he thinks of the rate cut very different. two different ways of looking at the data. i know which i would be inclined to end -- >> the congress is not even involved, the student debt program which is costing
morgan and jamie diamond who has his pulse on the economy as well and he did not give guidance for the rest of the year i think everybody was expecting so with all of those notes about the economy and geopolitics, i think you have the perfect storm. >> the bottom line for jamie diamond is you can't be spending all this money without having an inflationary effect. it's got to have an effect with joint of dollars, deficit spending in the first place that caused the problems we have with...
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Apr 30, 2024
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listen to jpmorgan ceo jamie dimon saying they're not getting lifted up by bidenomics. let's get your reaction to this. >> other things remain to be seen. i think some of the american public looks at it like what are they getting? if you go to rural america or inner city, i'm not sure they feel they're being lifted up by this economy. elizabeth: what do you think, kevin? but wait a second, biden says he's going to end the trump tax cuts that benefited more than 99 out of 10 middle class -- 9 out of 10 meddle class americans. >> well, i think these acts that we put trillions of dollars into the economy, notably the chips and and science and inflation reduction acts, there was no money in there, either of them e, for small business in america which is rural america. companies that are the private, between 5-500 employees, this is what they got: 0. meanwhile, that money comes flushing out of the skies and helicopters and creates inflation, and that hurts at the kitchen table. also raising taxes is not a good idea at this time because we've missed a recession, and we don't
listen to jpmorgan ceo jamie dimon saying they're not getting lifted up by bidenomics. let's get your reaction to this. >> other things remain to be seen. i think some of the american public looks at it like what are they getting? if you go to rural america or inner city, i'm not sure they feel they're being lifted up by this economy. elizabeth: what do you think, kevin? but wait a second, biden says he's going to end the trump tax cuts that benefited more than 99 out of 10 middle class...
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Apr 21, 2024
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tony bobulinski says jamie raskin as has repeatedly lied about the plaintiff, tony bobulinski, implying and directly stating that bobulinski has lied to congress and is a trump campaign plant. so you've got all of this side show going on as president trump has to face down on all of these indictments. opening statements beginning tomorrow while i you got potential corruption in plain sight and no focus on u.s. citizens at a, you know, seeing what's happening to the country with the open border. >> well, and, maria there's a unified thread through all of this, and it is that democrats are willing to abuse power and defy the law in order to stay in power. their number one concern that trumps everything else is keeping democrats if control. people ask me all the time, why would they allow -- we're now up to 11 million illegal immigrants under joe biden. maria: wow. >> the worst in history. why would they allow this invasion? the answer is simple, they view those 11 million illegal immigrants as future democrat voters. they want to stay in power. on the impeachment trial, why would they utt
tony bobulinski says jamie raskin as has repeatedly lied about the plaintiff, tony bobulinski, implying and directly stating that bobulinski has lied to congress and is a trump campaign plant. so you've got all of this side show going on as president trump has to face down on all of these indictments. opening statements beginning tomorrow while i you got potential corruption in plain sight and no focus on u.s. citizens at a, you know, seeing what's happening to the country with the open border....
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Apr 25, 2024
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maria: jamie, what about new york. is it the same issue in missouri? >> if governments and business in collaboration work together like we did in detroit across affordable housing, education, job creation, outreach to communities, you can build a great society. and so, you know, new york is doing that. maria: don, part of the issue this time around is this new border element of it. we've got an open border. people are worried about safety. we've got lots of new residents. we've got some questions about who they are and what their intentions are as well, and that's the issue. we've had hundreds of people on the terrorist watch list apprehended at the border. >> yeah. i mean, new york has a very challenging situation. thank god for eric adams. we have a mayor who's much more moderate, more focused on business and public safety but not getting help from the city council. but that is why jake maine die, monosaid new york is better off today than san francisco, because crime is going down. but the biggest threat to new york is this out of control migrant si
maria: jamie, what about new york. is it the same issue in missouri? >> if governments and business in collaboration work together like we did in detroit across affordable housing, education, job creation, outreach to communities, you can build a great society. and so, you know, new york is doing that. maria: don, part of the issue this time around is this new border element of it. we've got an open border. people are worried about safety. we've got lots of new residents. we've got some...
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inflation may spike up to 8% or more again. >> jamie dimon may be right. i don't see it that large but i don't see a lot of things but, there is no -- i would be surprised if there is a big drop in the inflation rate tomorrow, with oil prices higher, with spot commodity prices higher, with gold prices higher, with cryptocurrencies higher. all of these indicate that there should be, if anything, a little rise in the rate of inflation. this is not a time, given their model, i always say this, given their model they should be lowering interest rates it is just not. they espouse one story and dot second. charles: and i think the tell was that last fo 346789 c when somehow powell pivoted wanting to rescue the jobs market if it needed rescuing and ignoring inflation. i want to ask you this. you alluded to it already but i wanted to bring it out. yesterday michael from morgan stanley the federal deficit would expand by 450 billion under democrats but a trillion on the republicans because there would be no revenue. now from the way i understand it, the way you art
inflation may spike up to 8% or more again. >> jamie dimon may be right. i don't see it that large but i don't see a lot of things but, there is no -- i would be surprised if there is a big drop in the inflation rate tomorrow, with oil prices higher, with spot commodity prices higher, with gold prices higher, with cryptocurrencies higher. all of these indicate that there should be, if anything, a little rise in the rate of inflation. this is not a time, given their model, i always say...
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Apr 12, 2024
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charles: i thought it was intriguing, jamie dimon's comments. he talked about cracks in subprime, and at the same time he said america's in great shape. this is one of my great frustrations. i wonder if economy -- any economists have any if poor relatives because if they tell me how great things are, and even when they acknowledge parts of the economy that aren't doing great, they point to these the aggregate numbers, and you just have to worry, i mean, how worried are you about the economy itself at this stage? >> well, if you ask me about the level of growth, i'm not that worried. i think that the level of growth is going to stay strong and it's going to keep the heat on inflation because the top end is doing well. the top end being upper income. they've got earning -- they've got stocks going up, home prices recovering, they've got interest from bonds now because we're not at zero anymore. charles: right. >> but the bottom half has more of the debt than the top half, doesn't own assets and is seeing inflation. they better hope that their boss
charles: i thought it was intriguing, jamie dimon's comments. he talked about cracks in subprime, and at the same time he said america's in great shape. this is one of my great frustrations. i wonder if economy -- any economists have any if poor relatives because if they tell me how great things are, and even when they acknowledge parts of the economy that aren't doing great, they point to these the aggregate numbers, and you just have to worry, i mean, how worried are you about the economy...
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Apr 13, 2024
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earlier in the week ceo jamie dimon made headlines with his big, long letter the shareholders -- jack: very long. >> yeah. he said, you know, among other things that market apartments were a little too optimistic on prospects for a soft landing. he also said the bank was preparing for interest rates anywhere from 2% to 8% plus which is a heck of a range. now, when jpmorgan reported, it lowered its forecast on net interest income which is a key profit driver for banks and, of course, that didn't make the market happy. shares fell. and wells fargo, on the other hand, maintained its guidance for net interest income. citi group beat earnings estimates, you know, the turn-around story connell -- continues. it's one of the best performing bank stocks of the year: and ceo jane frazier has been reorganizing things, and it seems hike that might be having an impact. jack: real estate was a concern on banks' commercial real estate not doing well, should we worry about that, or is that kind of a one-off in new york? >> yeah, well, commercial real estate is more of a factor for the regional banks,
earlier in the week ceo jamie dimon made headlines with his big, long letter the shareholders -- jack: very long. >> yeah. he said, you know, among other things that market apartments were a little too optimistic on prospects for a soft landing. he also said the bank was preparing for interest rates anywhere from 2% to 8% plus which is a heck of a range. now, when jpmorgan reported, it lowered its forecast on net interest income which is a key profit driver for banks and, of course, that...
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it does look like disney, disney received support for investors like george lucas, jamie dimon and family members, they can change until the last second. they are riding on that and the stock held by average individuals. disney dropped the ball of content to extending iger's contract with no further succession plan. i was an analyst a decade ago. we expect iger in 2014 which is not happened. realistically, to of 12 board seats warrant the power to overhaul the company. they are primarily involved in leadership changes and major acquisitions, it's not day today. the biggest impact put disney on defense force things into cost-cutting plans and how stock reacted after a terrible run last year, it's up 35% year to date, it increased 40% since announcing support so disney is likely going to win but the scrutiny stays. stuart: show me tesla. talk hit its lowest point in four years after deliveries fell more than expected. ray wong joins me in technology stocks. total blame but this decline on red sea attacks and production issues, but ev demand in america slowed. will this decline continue with
it does look like disney, disney received support for investors like george lucas, jamie dimon and family members, they can change until the last second. they are riding on that and the stock held by average individuals. disney dropped the ball of content to extending iger's contract with no further succession plan. i was an analyst a decade ago. we expect iger in 2014 which is not happened. realistically, to of 12 board seats warrant the power to overhaul the company. they are primarily...
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they launched a campaign listing the endorsement of popeye profile shareholders, george lucas, jamie dominant a few of those names. huge sums of money, disney per the $40 million on this. mouse expected to win likely and due to the major turnaround the stock has seen this year close to 35% year to date. it is worth 40% more than when he announced the activism push and activists say that this has been good for stock. >> i support bob iger, also glad nelson francis stirred the pot. that's been good for the stock because it exposed the faultlines. it has been positive. >> reporter: big improvements needed. the company needs to make good on its promise for a cost-cutting plan, put your profitability in the streaming division and returned to quality content the brand is known for. even if disney wins, if it's not a landslide, the scrutiny doesn't go away. next time earnings disappoint, a long succession announcement, the vultures will come back. ashley: they will indeed. strategic wealth investment strategist luke lloyd to talk about it. disney has been struggling with viewership and the
they launched a campaign listing the endorsement of popeye profile shareholders, george lucas, jamie dominant a few of those names. huge sums of money, disney per the $40 million on this. mouse expected to win likely and due to the major turnaround the stock has seen this year close to 35% year to date. it is worth 40% more than when he announced the activism push and activists say that this has been good for stock. >> i support bob iger, also glad nelson francis stirred the pot. that's...
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Apr 16, 2024
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think they can spin that tale we've got something never before that i think good jez jerome powell, jamie dimon finally said federal debt in high interest cost is going to be the biggest drag on our economy, so you've got two people, that no finance that have said the opposite inflation isn't going away it is getting worse when you borrow and spend you displace a real economy with more government with workers that adopt even come here to work, that is not productive, we got to do a better job of making the case, this ought to be easier than the border. maria: i tell you this administration, you know, really must think everybody is stupid, all you have to do is look at what has taken place in the last three years, inflation reduction act did not reduce oxymoron did not reduce inflation the act was hardly fiscal year responsible student debt fiscal year irresponsible goes on and on and on senator. what will it stop. >> fancy names one intended purpose they pulled that off to replace more real economy with unproductive side of the ledger government spending, all "deep state" bureaucrats look
think they can spin that tale we've got something never before that i think good jez jerome powell, jamie dimon finally said federal debt in high interest cost is going to be the biggest drag on our economy, so you've got two people, that no finance that have said the opposite inflation isn't going away it is getting worse when you borrow and spend you displace a real economy with more government with workers that adopt even come here to work, that is not productive, we got to do a better job...
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Apr 18, 2024
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even jamie dimon thinks interest rates go to 8%. gives me a lot of caution investing too far out when inflation isn't like and getting hotter. neil: jimmy carter was a friend of mine. this is not the jimmy carter days, not yet anyway. i do wonder, we had expectations rates should stay low and mortgage rate news that we are back over 7% on 30 year fixed mortgage. existing home sales like new-home sales, we are seeing a little bit of data going on but i'm also seeing the united airlines folks and others talking about busy travel demand for the end of the year, hotels still booked, theaters still pack to. it's not armageddon out there. >> never want to bet against american, the most entrepreneurial, capitalist created economy in the history of america but interest rates, talking about cutting rates, interest rates are going from 3. 8% % to 4.6% on the 5 year note. issues most sensitive fed interest rates. neil: the market rates beyond the fed's control, markets are anticipating continued price pressure. that isn't good for stocks and i
even jamie dimon thinks interest rates go to 8%. gives me a lot of caution investing too far out when inflation isn't like and getting hotter. neil: jimmy carter was a friend of mine. this is not the jimmy carter days, not yet anyway. i do wonder, we had expectations rates should stay low and mortgage rate news that we are back over 7% on 30 year fixed mortgage. existing home sales like new-home sales, we are seeing a little bit of data going on but i'm also seeing the united airlines folks and...
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Apr 30, 2024
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between 870 billion to one. 4 trillion depending on how the president rolls out his rule changes, makes jamie dimon, this is part of it. cautioning lawmakers about the effects. >> the deficit is 50% of gdp, that's driving the growth and that will have other consequences down the road, called inflation, not what people expect to. >> $7 trillion into spending of the student loan plan which adds to that laser focused on enforcing the transition to electric and other spending nonmoving polls, a new cnn polls shows 60% of registered voters as a failure, 39% say it has been a success. yesterday government spending seen here at the white house as part of a solution and why americans should feel better about their financial situation. >> the american rescue plan was important in turning the economy around dealing with supply chains so we understand prices are too high. this is why you hear us talk about lowering prescription drugs. it is important. >> the president has been pushing that message hard for the past month but is not resonating in the polls. neil: all right. thank you for that and your ha
between 870 billion to one. 4 trillion depending on how the president rolls out his rule changes, makes jamie dimon, this is part of it. cautioning lawmakers about the effects. >> the deficit is 50% of gdp, that's driving the growth and that will have other consequences down the road, called inflation, not what people expect to. >> $7 trillion into spending of the student loan plan which adds to that laser focused on enforcing the transition to electric and other spending nonmoving...
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. >> assess everything and you can add to a list that includes cbo, the fed, imf, treasury jamie diamond, shorter for me to list the people who don't think we have a massive debt crisis under severe pressure. the reality is we cannot continue to operate debt to gdp at 120 +%, we cannot have deficit six, seven, 8% plus gdp, 30s to be a bipartisan wake up call because we are barreling toward the end of this fiscal cliff and go over the edge, it's not.to care if you're democrat or republican or independent, it's going to impact everybody so we have to wake up and realize it's an issue and somebody needs to have the fortitude to make sure we get more growth and cut many and don't keep printing money that eats up purchasing power. >> whenever i talk to people, i ask about tax and spending and what they think of what they are seeing right now, most people understand obligation to pay taxes, they don't have a pro problem, they would even agree to the levels we are at or slightly higher, they felt the money was put toward a good cause, used properly and in the right way but they all say not only
. >> assess everything and you can add to a list that includes cbo, the fed, imf, treasury jamie diamond, shorter for me to list the people who don't think we have a massive debt crisis under severe pressure. the reality is we cannot continue to operate debt to gdp at 120 +%, we cannot have deficit six, seven, 8% plus gdp, 30s to be a bipartisan wake up call because we are barreling toward the end of this fiscal cliff and go over the edge, it's not.to care if you're democrat or republican...
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Apr 26, 2024
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jamie dimon warned of the risk of stagflation. how close do you think the economy is to a very large downturn? >> let's hope not. i will tell you with a debt laden government and debt laden consumer and there's a lot out there, we go into recession now, it could really be not a very good one. keeping fingers crossed. what i'm watching is the job market. if we start to lose jobs. a lot of job gains have been part-time, we start to lose jobs, that is when i would suggest the are a word will come into play but you see the gdp numbers already starting to head the wrong way and i think there's a very close love-hate relationship in the economy and hopefully we don't tip over. >> microsoft reported better-than-expected strong earnings, what do you think about mega companies and the earnings they are showing us right now? >> if you look at microsoft and google, it is a two tear type of solution. ai is very prominent for example in large companies which i was talking to a fortune 25 company and they are all in, they've got a big organizat
jamie dimon warned of the risk of stagflation. how close do you think the economy is to a very large downturn? >> let's hope not. i will tell you with a debt laden government and debt laden consumer and there's a lot out there, we go into recession now, it could really be not a very good one. keeping fingers crossed. what i'm watching is the job market. if we start to lose jobs. a lot of job gains have been part-time, we start to lose jobs, that is when i would suggest the are a word will...
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Apr 26, 2024
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draft was last night at nike signed 20 rookies, more than have selected last night in detroit including jamie daniels. david: that ain't cheap but you spend money and make money. most taxpayers have to pay hundreds or thousands more each year of president biden left trump era tax cuts expire. house republicans are forming tax teams to figure out a way to save americans money. grady trimble has that story and biden is set to announce another $6 billion in aid to ukraine on top of the $60 billion the white house just approved. when will that be enough and how are we accounting for it all? for all? congressman byron donald's deals with that next. to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy. chase ink has supported us from studio one to studio three. when you start small, you need some big help. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card from chase for business. make more of what's yours.
draft was last night at nike signed 20 rookies, more than have selected last night in detroit including jamie daniels. david: that ain't cheap but you spend money and make money. most taxpayers have to pay hundreds or thousands more each year of president biden left trump era tax cuts expire. house republicans are forming tax teams to figure out a way to save americans money. grady trimble has that story and biden is set to announce another $6 billion in aid to ukraine on top of the $60 billion...
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stuart: the top banker jamie dimon criticized efforts to halt or pull back liquefied natural gas expoports and politically motivated and enormously naive. you'd agree with that? >> yes, the green new deal and listening to woke activists that have no practical underring of even if you want that, the cleanest lease expansive fuel in the long run, why would you hamstring your energy industry, which biden did from day one when he got here. that's put the wet blanket on them producing more and that's why stuart: mr. gnat torr, thanks for joining us and hope to see you again real soon. >> thank you. >> yes, sir. stuart: a new poll how unsuccessful biden's ev push has been. ashley, how many people are seriously considering buying an ev for the next car? ashley: 9% of respondents are considering buying an ev and the market for electric vehicles remains fairly limited with about one in six americans currently owning one or seriously considering buying one. 63% of those aged 65 and up said nope, no way they wouldn't buy an ev. polipolitics is a factor too an% of democrats would own or buy an electri
stuart: the top banker jamie dimon criticized efforts to halt or pull back liquefied natural gas expoports and politically motivated and enormously naive. you'd agree with that? >> yes, the green new deal and listening to woke activists that have no practical underring of even if you want that, the cleanest lease expansive fuel in the long run, why would you hamstring your energy industry, which biden did from day one when he got here. that's put the wet blanket on them producing more and...
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Apr 12, 2024
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stock down 6% shaving 730 bernards healthcares off the dow and wells fargo falling into the trading and jamie dimon warning warning that persistent inflationary pressures continue to weigh on the economy. and cricking to the inflation worries rising oil prices that touched a six month high on r ising tensions in the middle east and finally a warning for ewe middle income stacks filers and tax day approaches more than half of outrebounded ditterman targets 63% earned 2 million or less. 4 million? it's 200,000. larry: sure, willie sutton, the famous economist with the money. why go after the middle class? that's yours truly money is. gerri will willis, the best ofe best. thanks ever so much. with us now is kevin hassett, former chair of council of economic advisers. distinguished fellow at hoover institutions and author of most important book of the century called drift stopping socialism. import price up 0.4 in march after 0.3 in february and 0.7 in january. you know all about inflation over the past three months and c pi about 4.5% and annual array. what's going on here, kevin hassett? >> rig
stock down 6% shaving 730 bernards healthcares off the dow and wells fargo falling into the trading and jamie dimon warning warning that persistent inflationary pressures continue to weigh on the economy. and cricking to the inflation worries rising oil prices that touched a six month high on r ising tensions in the middle east and finally a warning for ewe middle income stacks filers and tax day approaches more than half of outrebounded ditterman targets 63% earned 2 million or less. 4...