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Jamie Dimon

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Money in people’s pockets is the key to economic recovery | Letter

Money in people’s pockets is the key to economic recovery | Letter

David Redshaw responds to a letter on the bond markets and economic pressures afflicting the UK Neil Kinnock’s timely letter ( 9 September ) reminds us that we are not alone in suffering high gilt yields and borrowing costs. We are still feeling the fallout from Covid, and it needs mentioning that our national debt is similar to America’s and much less than Japan’s, and it never gets mentioned that Italy routinely runs 100% of GDP debt. But as Kinnock observes, the policies of several Conservative governments (including Brexit) have made things worse, and the problem for us is not so much the actual debt but our direction of travel. The aforementioned will make the bond markets view us with a more jaundiced eye. It was predictable that Jamie Dimon would pop up at this point ( JP Morgan boss meets Burnham and Healey to warn against bank tax rise, 10 September ). He talks about potential lack of investment by the banks. What investment? We aren’t even a nation of shopkeepers any longer; we’re a nation of pizza deliverers. Continue reading...

Sep 17, 2026 · byThe Guardian
Two Wall Street Titans Just Issued Warnings No Investor Wants to Hear

Two Wall Street Titans Just Issued Warnings No Investor Wants to Hear

Two of Wall Street’s most influential voices issued warnings this week that markets have largely ignored. Jamie Dimon and Mark Zandi rarely align, but both flag structural risks ahead. JPMorgan CEO Jamie Dimon is warning about a huge transfer of small-business ownership. Moody’s Analytics chief economist Mark Zandi says the Fed could damage an economy The post Two Wall Street Titans Just Issued Warnings No Investor Wants to Hear appeared first on BeInCrypto .

Sep 16, 2026 · byBeInCrypto
JP Morgan boss meets Burnham and Healey to warn against bank tax rise

JP Morgan boss meets Burnham and Healey to warn against bank tax rise

Jamie Dimon tells UK politicians before October budget that investment could be at risk, it is understood Jamie Dimon, chief executive of the largest US bank, JP Morgan, is understood to have warned Andy Burnham and his chancellor, John Healey, against raising taxes on banks in his inaugural budget in October. The Wall Street billionaire met the politicians on Wednesday and cautioned them that higher taxes could put investment and employment in the UK at risk, it is understood. Continue reading...

Sep 10, 2026 · byThe Guardian