JPMorgan CEO Jamie Dimon says the economy 'is weakening'

https://www.cnbc.com/2025/09/09/jpmorgan-jamie-dimon-economy.html

142 points · 11 comments · view on lemmy.world

11 Comments

resipsaloquitur@lemmy.world · 58 pts · 329d (1 reply)

Thanks for the update, Jamie.

hemmes@lemmy.world · 17 pts · 329d

No shit

ALLGLORYTOHYPNOTOAD@lemmy.world · 53 pts · 329d
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Substance_P@lemmy.world · 44 pts · 329d

Lets not forget what a stand up guy this man is, that due to Jamie Dimon's convenient laps of attentiveness, Epstein's sex trafficking went on for years.

JPMorgan ultimately paid $290 million to settle a lawsuit brought by approximately 200 of Epstein's victims and an additional $75 million to resolve litigation with the U.S. Virgin Islands, where many of Epstein's crimes occurred.

Archangel1313@lemmy.ca · 22 pts · 329d

The Federal Reserve will “probably” reduce its benchmark interest rate at its next meeting later this month, though that might not “be consequential to the economy,” Dimon said.

So...why are people even listening to this idiot, then? Lowering interest rates during a possible recession, when tariffs are already causing higher inflation, will send the dollar into a tailspin.

avidamoeba@lemmy.ca · 12 pts · 329d (1 reply)

LodeMike@lemmy.today · 2 pts · 329d

I know that stock photo!

SendMePhotos@lemmy.world · 11 pts · 329d

My will to live is weakening.

kennedy@lemmy.dbzer0.com · 6 pts · 329d

wow so smart

Tylerdurdon@lemmy.world · 5 pts · 329d

Oh, is that what a recession is called now? Economy weakening? Perhaps we just need to change the definition again while we bury our heads in the sand. Nothing to see here!

wisely@feddit.org · 4 pts · 329d (1 reply)
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Formfiller@lemmy.world · 5 pts · 329d

The working class has been in a recession since 2008 at least

Maeve@kbin.earth · 1 pts · 329d

This sociopath had nothing to do with it either! #toobigtofail #toorichtofire