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Apr 8, 2024
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. >> jamie dimon's warnings for investors. higher rates, and the profound implications of a.i. >>> we begin with news vonding a major supplier to nvidia. the white house announcing $6.6 billion for the company's arizona plants. under the commitment, tsmc is committed to adding a third complex. jim, we're talking some 20,000 construction jobs, there's money in here for workforce training. >> this is a big one, it's the ones that we really need. i don't know, we'll have to talk about how much they really feed. we don't have enough engineers to build these. david, you know that this is the most tenuous, we'll talk with sara about it, the most tenuous situation we have, which is we could lose access to this if china moves on taiwan. >> we could. >> that's a big threat. >> certainly important component of our concern if that were to occur. >> and supply chain. >> we've said so many times when it comes to high-end chips, tsmc is the de facto place to go. i heard your comments about intel on friday. >> we'll ask her about intel. the
. >> jamie dimon's warnings for investors. higher rates, and the profound implications of a.i. >>> we begin with news vonding a major supplier to nvidia. the white house announcing $6.6 billion for the company's arizona plants. under the commitment, tsmc is committed to adding a third complex. jim, we're talking some 20,000 construction jobs, there's money in here for workforce training. >> this is a big one, it's the ones that we really need. i don't know, we'll have to...
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Apr 17, 2024
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you know what jamie's a little like dr. strangelove. i was waiting for, "no fighting in the war room." he said, look, i don't know why you would ever buy my stock, the world is coming apart, inflation's raging, and i said to myself, he's issuing a sell on jpmorgan. i'll try to get him to have a good hold. i mean, honestly, if you listen to that -- and i happen to respect jamie. i think he's terrific, but he killed the stock. >> worst reaction to earnings in 23 years. >> that's a long time. >> let's say he had just decided to be with me on the boat, stock would be at $190. >> if he had just decided to come on the fishing trip, it all would have gone so much better for you. >> stock would be at $198. >> peter sellers did play a lot of roles in that movie. i just want to make sure we're -- >> you know, there are some moments. that movie's very good. sterling hayden, blacklisted, not really, he was fabulous too. >> he was, he was. >> remember the fluoride coke machine? >> yes, of course. essence, yes. >> i do think that jamie was a downer.
you know what jamie's a little like dr. strangelove. i was waiting for, "no fighting in the war room." he said, look, i don't know why you would ever buy my stock, the world is coming apart, inflation's raging, and i said to myself, he's issuing a sell on jpmorgan. i'll try to get him to have a good hold. i mean, honestly, if you listen to that -- and i happen to respect jamie. i think he's terrific, but he killed the stock. >> worst reaction to earnings in 23 years. >>...
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Apr 11, 2024
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jamie and judy were at the dinner last night. >> who was at the dinner? >> jamie and judy. >> that's jpmorgan. >> this was the state department with japan and this was a list of who's who and who's not. larry fink was there. i'm saying all those companies deserve a rerating, because they're obviously in the room. there you go. tim cook was there. >> there's larry fink. >> larry fink was there. >> right. >> will you look at this? >> reporting numbers tomorrow as well. >> there's judy and jamie. >> masa was on these shores. >> there's bezos. >> that's quite a showing. >> oh, yeah. great showing. >> who's that? >> is that brad? this thing's amazing. you got to take all these stocks up, david. >> look. look who it is. it's the chair. >> that's jay and alyssa. fantastic. >> everybody's looking so sharp. >> we don't have to keep running it now. >> where's sanjay? >> larry had to walk in alone. >> larry's the best. >> where's sanjay and his wife, who are dynamite? i would have put him in that list. marvin christian is up a lot. come on, let's go with the hitters
jamie and judy were at the dinner last night. >> who was at the dinner? >> jamie and judy. >> that's jpmorgan. >> this was the state department with japan and this was a list of who's who and who's not. larry fink was there. i'm saying all those companies deserve a rerating, because they're obviously in the room. there you go. tim cook was there. >> there's larry fink. >> larry fink was there. >> right. >> will you look at this? >> reporting...
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Apr 19, 2024
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now, jamie dimon turned it into a referendum on the world. now, jamie is just too existential. i got to get to him. he's become too existential. >> when you did philly -- when was philly, your interview in philly with jamie? a year ago >> going to 6% interview it was a while ago two years ago? i don't know it was at the opening of a -- he still thinks like a banker i love jamie he used to think i hated him never true so did charlie he said, why do you hate me? i don't hate these guys. dimon's got to start thinking, listen, let me talk about how well the bank is doing, not let me tell you about the world. when you interview anyone about the world, they have a similar conclusion i don't need his view of the world. i mean, it's pretty much like everybody else's >> right jim, in autos, there's a lot to get to there's this -- the end of this vw uaw vote. we'll see what that means for the union. shawn fain on the time 100 list, as you saw, i'm sure >> maybe i'll sit with him >> the tesla recall. >> the tesla recall. look, all it is, it's acceleration, which could cause a horrible cra
now, jamie dimon turned it into a referendum on the world. now, jamie is just too existential. i got to get to him. he's become too existential. >> when you did philly -- when was philly, your interview in philly with jamie? a year ago >> going to 6% interview it was a while ago two years ago? i don't know it was at the opening of a -- he still thinks like a banker i love jamie he used to think i hated him never true so did charlie he said, why do you hate me? i don't hate these...
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Apr 24, 2024
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i happened to be there it was a different kind of moment >> wow, really >> jamie didn't talk about, "i love capitalism. >> he's another one who doesn't suffer fools, either dimon or coaty. they don't suffer fools. >> no, no. when i was -- when dave lived next door to me, i shoveled his walk i didn't know it was his he said, you shoveled my walk? >> that's a good way to get on the right foot >> that's how i got on the right side of dave coaty i shoveled his walk. how do you like that >> i'm amazed. >> see, david? with an abundance of caution, he says he's amazed >>> quick reminder don't miss the next investing club monthly meeting, as jim says, happening at noon today, eastern time >> i'm so ready. >> you can join the club for members only access to jim's next big portfolio moves as we go to break. watch bonds as jim also says we'll keep an eye on the five-year at 1:00 p.m. eastern time durables came in, best since november this morning. and right now, the nasdaq, trying to put together its best week since november. don't go away. the future is not just going to happen. you have to mak
i happened to be there it was a different kind of moment >> wow, really >> jamie didn't talk about, "i love capitalism. >> he's another one who doesn't suffer fools, either dimon or coaty. they don't suffer fools. >> no, no. when i was -- when dave lived next door to me, i shoveled his walk i didn't know it was his he said, you shoveled my walk? >> that's a good way to get on the right foot >> that's how i got on the right side of dave coaty i shoveled...
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Apr 12, 2024
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jamie dimon has also been saying sticky inflation, but fink early was talking about fiscal stimulus, just permeating the economy, no recession. i remember when he was on with us last year, talking about, i don't see a recession because we have had so much fiscal spending, and by the way, that's going to make inflation sticky. it's an interesting time to talk to him on a week where cpi surprised to the upside, and has made investors rethink the entire rate view. a number of wall street firms, today, mike, are saying it's not going to be until december that we get a rate cut. >> it could be. >> and that would be one cut for the year. >> exactly. and so, that -- i was sort of dangling that out there, starting a few weeks ago, about this whole, we're in the opposite version of 2015 where the fed wanted to get off zero, they wanted to punctuate a whole fed cycle, and they couldn't. the economic numbers were weak. inflation was low. they didn't have the basis to do the multiple cuts that year that they anticipated a year earlier, and finally, in december, without the economy telling them t
jamie dimon has also been saying sticky inflation, but fink early was talking about fiscal stimulus, just permeating the economy, no recession. i remember when he was on with us last year, talking about, i don't see a recession because we have had so much fiscal spending, and by the way, that's going to make inflation sticky. it's an interesting time to talk to him on a week where cpi surprised to the upside, and has made investors rethink the entire rate view. a number of wall street firms,...
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Apr 29, 2024
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we have to go over 4, because then, not just because jamie wants it you have to go over four because then we can see the fed has more leeway next time we went over the components, but i fear a strong number but i also believe we're in a trend where we're getting a little bit weaker. i'm using that from transports i still believe that transpatransports are good >> that was goldman's view as well we see the next few prints being softer, and they said even if we did get an up surprise, unlikely that a hike would be in play they would be more apt to just keep this the same >> yeah, ed yardeni had some good stuff on "squawk," saying, look at final demand, it's final. there is no stagflation. i think if you do an intelligent brae breakdown of what's been rising and hurting us, those are all weakening. i think the fed sees that. fed watches the show i know treasury does >> yes >> did you pick something up that i'm unaware of? >> yeah, that the yankees won. the mets won i don't know you seem so happy. >> everybody won the rangers won. the rangers swept the capitols >> he's not grumpy he's re
we have to go over 4, because then, not just because jamie wants it you have to go over four because then we can see the fed has more leeway next time we went over the components, but i fear a strong number but i also believe we're in a trend where we're getting a little bit weaker. i'm using that from transports i still believe that transpatransports are good >> that was goldman's view as well we see the next few prints being softer, and they said even if we did get an up surprise,...
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Apr 10, 2024
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company -- well, he's not going to buy that much here, but i just think that this is real life, that jamie dimon's stock is up huge. so, people are going to sell a little. that's what happens. >> that's what happens, jim. that's what happens. we are potentially going to have a down day. well see how we move towards the -- in the midst of the trading day. >> this is not the playoffs. >> no. >> and what happens is we're one and done. it's not that. this is a long-term situation. and we can trade it. you want me to trade it? oh deere, i bought it and sold it. no, let it come in a little. if you don't know what the company does. if you think deere is a deer, and you think cat is a cat, well, i mean, go to the darn zoo. >> you shouldn't be doing this stuff anyway. >> right. >> of course, these days, a lot of -- a lot of it has been reduced to almost trading on your phone as though you're betting basketball. >> my wife -- maybe she watches the show. >> lovely woman. >> i've had the show for 12 years. >> i'm aware how long we've been doing this. >> why don't you tell her? >> why change a good thi
company -- well, he's not going to buy that much here, but i just think that this is real life, that jamie dimon's stock is up huge. so, people are going to sell a little. that's what happens. >> that's what happens, jim. that's what happens. we are potentially going to have a down day. well see how we move towards the -- in the midst of the trading day. >> this is not the playoffs. >> no. >> and what happens is we're one and done. it's not that. this is a long-term...
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Apr 22, 2024
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i sort of believe jamie dimon -- you saw jamie dimon's piece on the steam engine, electricity, internet, computing age. i believe this is one of those multigenerational changes that are going to be tremendously impactful. i don't think it's just producers and the consumers. it's -- and i don't cthink it's the chips and the vertical horizontal application laryer. we don't hear as much about how much power we need in this country. that implies ap upgrade to the grid, hundreds of billions around the world when you think about broader electrification centers or data or ev. this is tremendously impactful. idc says $500 billion plus spend big '27. something like $11 trillion over time economic impact. so i do think this is completely -- this really is in that special category of major change, and so what does that ultimately mean? if you think about the industrial age on, always when this massive change comes, they called it creative destruction, you're going to have major consolidation waves. i'm a little bit less sanguine on the prospects for this year and i do believe over the next two to
i sort of believe jamie dimon -- you saw jamie dimon's piece on the steam engine, electricity, internet, computing age. i believe this is one of those multigenerational changes that are going to be tremendously impactful. i don't think it's just producers and the consumers. it's -- and i don't cthink it's the chips and the vertical horizontal application laryer. we don't hear as much about how much power we need in this country. that implies ap upgrade to the grid, hundreds of billions around...
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Apr 16, 2024
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jamie dimon says we don't want to buy a lot back at these prices. costs when up when it wasn't expected. that's a dialing back of the enthusiasm. >> the stock at the end of the day yesterday did not end up sharply at all. >> meantime, still to come, exclusive with ecb president christine lagarde. what's her time terrible for cutting rates if any? ten-year well ak above 4.6 this morning. that may explain the lack of enthusiasm. powell at 1:15, williams 12:30, barkin at 1:00. s&p holding on to 50.50. stay with us. i have a business idea. and it just might change the world. but here's the thing, i can't do it... alone. so, are you in? i'm in. nothing else to do. yeah, i don't know... um, i need to speak to my agent. (snoring) i think creed's out. ♪ in any business, you ride the line between numbers and people. what's right for the business and what's best for everyone who depends on it. solving today's challenges while creating future opportunities. it takes balance. cla - cpas, consultants, and wealth advisors. we'll get you there. hi, my name is jo
jamie dimon says we don't want to buy a lot back at these prices. costs when up when it wasn't expected. that's a dialing back of the enthusiasm. >> the stock at the end of the day yesterday did not end up sharply at all. >> meantime, still to come, exclusive with ecb president christine lagarde. what's her time terrible for cutting rates if any? ten-year well ak above 4.6 this morning. that may explain the lack of enthusiasm. powell at 1:15, williams 12:30, barkin at 1:00. s&p...