JP Morgan CEO Jamie Dimon discusses the opportunities he sees in Mexico, US inflation numbers, US Credit Rating, and how fintech can work with banks. He spoke in an exclusive interview with our affiliate El Financiero Bloomberg in Mexico.
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JPMorgan’s Jamie Dimon on Mexico Opportunities, Inflation, US Credit Rating, Fintech
Jamie Dimon, the CEO of JPMorgan Chase, recently spoke about a range of economic issues impacting the global financial landscape, including the opportunities in Mexico, inflation concerns, the US credit rating, and the role of fintech in the evolving financial industry.
Speaking at the annual meeting of the Institute of International Finance (IIF) in Washington, Dimon highlighted the potential investment opportunities in Mexico. He stated that despite the challenges posed by the COVID-19 pandemic and political uncertainty, Mexico continues to offer attractive long-term prospects for business and investment. Dimon emphasized the country’s young and growing population, its proximity to the United States, and its participation in international trade as key factors indicating Mexico’s potential for economic growth.
On the topic of inflation, Dimon expressed concerns about the possibility of sustained inflation, noting that the recent spikes in prices may not be transitory. He warned that rising inflation could have significant implications for the economy and financial markets, and urged policymakers to remain vigilant and prepared to take appropriate action to manage inflation pressures.
Dimon also addressed the issue of the US credit rating, expressing confidence in the country’s ability to maintain its top-notch credit standing. He stressed the importance of addressing the national debt and implementing prudent fiscal policies to support the stability and credibility of the US credit rating. Dimon’s comments reflect the ongoing debate about the sustainability of the US fiscal position and the potential impact on financial markets.
Furthermore, Dimon discussed the growing role of fintech in the financial industry, highlighting both the opportunities and challenges associated with technological innovation. He noted the potential benefits of fintech in enhancing financial services, improving efficiency, and expanding access to financial products and services. At the same time, he cautioned about the risks and regulatory implications of fintech, emphasizing the importance of striking a balance between innovation and oversight to ensure the stability and integrity of the financial system.
Overall, Jamie Dimon’s remarks at the IIF meeting shed light on a variety of important economic and financial issues, providing insights into the complexities and opportunities facing the global financial landscape. As the CEO of one of the world’s largest and most influential financial institutions, Dimon’s perspectives carry significant weight and offer valuable perspectives for businesses, investors, and policymakers alike.
Let's transfer all production to Mexico it will create millions of jobs there.
This parasite is part of the problem
Stay out of Mexico, we know about foreign invasion sin we experienced it. We know how they twist history and laws. Stay out
Always insightful to hear from Dimon…
❤
Jamie Diamond your CHASE BANK IS BOASTING MEXICO NUMBER ONE! WHY JAMIE IS NOT AMERICA NUMBER ONE? Why did JP MORGAN CHASE BANK STOCK PILE UP ALL THE PHYSICAL SILVER THEY CAN FIND? JAMIE YOU HAVE FORGOTTEN THE AMERICANS NEEDS AND ITS A CRYING SHAME HOW THE BIG BANKS ARE CURSING AMERICAN PEOPLE WITH POVERTY!
FF'uyou give some money to migrants and get them off of our backs. You've made billions so you should share.
Sad they still see and position Mexico just as cheap labor production, Mexico should reconsider its relation with the USA
What about capabilities of my nephew Faycal as Executive director?
Good outcome and Result or Not?
But hard worker
Jamie Dimon looks a little bit like Xi Jin Ping
Don’t ruin Mexico ! Stay tf out
No backbone
Dimon is the poster child for corporate welfare. His idea of running for prez as a democrat is hilarious.
Sounds good for the Mexican Cartel, what a douche
We need to focus on how to be a true friend and help our southern neighbors. USA has a history of talking at rather than with our neighbors.
This clown said people are making a big deal about a little inflation lol
Mexico welcomes business but try to invade/absorb our country and you will be met with massive resistance, both inside and outside the walls.!
Dimon is a bit of a racist and an idiot.
What about the fiscal discipline Jamie, is that AAA.
America looses democracy without a healthy Republican Party and the economy will pay for it.
Bankster
mexico hmmmm kkk we talking now
Time to move to Mexico, the USA seems like has nothing to offer anymore for anyone.
Them flight logs jamie…
Mexico will become the 2nd country like China again.
Dimon is a brilliant business man, the interviewer could have done better.
Jamie Dimon "gets it."
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
Listen to what he says cuz he's talking about his bank we've doubled our tripled ours he didn't say they did anybody else's
If Trump wins next year and becomes president, then all this trade with Mexico goes up in smoke. Trump will put tariffs on Mexico and complain about Mexico taking all the US jobs and etc.
It’s cheaper than Canada
Hi, Mr. Dimon, I told Bradley Stevens business plan about JPMorgan Capital One & Co. and child and so,
Dimon thinks Mexico is a go while Citi says no go and leaves. Mexico needs to make a serious move and fast, Cantarell shocking production decline is a harbinger of what's to come for their energy sector.
Dimon for president!
She should have asked if he expects JPM Chase to enter the retail credit market in Mx . Mexico is still underbanked
Jamie always smiles and talks better when he's being interviewed by a beautiful woman…
After the Thursday CPI, The bigger risk here is deflation, not inflation. And we’re seeing more and more signs of it, I actually think that investors are worrying about the wrong thing. I keep on thinking about how I can enrich my earnings during this period of adjustment? I cannot let my $700k savings fade away after putting in so much effort to accumulate them.
Jamie Dimon doesn’t produce anything of value. Move on.
This twat, that said all the markets where going down this year. Just do the opposite
Complete respect for this guy!!
This guy is talking about free markets, while suppressing precious metal prices
Jamie Dimon is a scourge on our society. Its so obvious this guy makes regular people's lives worse.
“ America will be fine because of its military “ even though they’re drowning in debt, what a bunch of assholes
I love how he talks about America as a Continent!