DAILYCALLER (Derek VanBuskirk) - JP Morgan’s Jamie Dimon Issues Warning, Says Hidden Moves Obfuscating Reality For Trump’s Economy
‘Margin debt is the highest it has ever been’
JUSTTHENEWS (Kevin Killough) - JPMorgan CEO Dimon says investors underestimating geopolitical risk, which may impact markets
He pointed to wars in Ukraine and the Middle East, tensions between the U.S. and China, as well as rising military spending coupled with government deficits.
THENATIONALPULSE (Pulse Wires) - U.S. Banking Industry Rakes In Record Profits.
Major U.S. banks have reported record profits despite ongoing inflation and economic pressures tied to the war with Iran and disrupted trade in the Strait of Hormuz.
Major U.S. banks have reported record profits despite ongoing inflation and economic pressures tied to the war with Iran and disrupted trade in the Strait of Hormuz. PULSE POINTS WHAT HAPPENED: America’s largest banks reported a combined $43 billion in second-quarter profits, exceeding analysts’ expectations despite ongoing conflict with Iran, persistent inflation, and broader economic uncertainty. JPMorgan Chase led the group with $21 billion in profit, boosted by a $4.6 billion gain tied to its stake in Visa, as well as strong investment banking activity driven by mergers, acquisitions, and artificial intelligence (AI) financing deals. DETAIL: Goldman Sachs earned $6.6 billion, while Bank of America posted $9 billion on strong…Open
NYTIMES (Lauren Hirsch) - Wall Street Is Going Gaga for SpaceX
Jamie Dimon himself is planning to pitch investors on the offering of Elon Musk’s rocket company, as banks prepare to reap huge fees from the largest I.P.O. ever.
AXIOS (Jim VandeHei) - Just lead: 6 ways today's CEOs can meet the moment
This is Axios CEO Jim VandeHei's plan to help CEOs and other leaders navigate this moment. This call to action, which got a sneak peek over the weekend in his C-Suite newsletter, is a follow-up to our Monday column, "The Rattled Generation ." - Watch Jim's video . Americans have lost faith in almost every binding institution and leader — except the CEO. - The 2026 Edelman Trust Barometer is unambiguous. "My employer" is the most trusted institution on Earth at 78% — more trusted than government, media or organized religion. Why it matters: This isn't a trophy. It's an obligation. Business leaders have an urgent call to fill the leadership void. Jamie Dimon told me in March that CEOs have a duty to step up. He's right. As a CEO…
REDSTATE (Becky Noble) - JPMorgan Chase CEO Jamie Dimon Teases What He Talked About With Mayor Mamdani - Was He Wasting His Time?
YOUTUBE (The Hill) - Watch live: Jamie Dimon speaks at Reagan economic forum
Jamie Dimon, chairman and CEO of JPMorganChase, will speak at the Reagan National Economic Forum on Friday as the U.S. faces rising inflation amid the war in Iran. Dimon warned in his annual letter to shareholders last month that prolonged inflation and higher interest rates caused by the war could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down. This alone could cause interest rates to rise and asset prices to drop,” Dimon said. The U.S. and Iran have reportedly agreed to terms on a deal to reopen the Strait of Hormuz, which could begin to ease high energy prices and the risk of a recession, according to U.S.…
AXIOS (Madison Mills) - Jamie Dimon blesses the trillion-dollar AI capex boom
JPMorgan Chase CEO Jamie Dimon stood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar. Why it matters: With investors increasingly anxious about whether AI revenue can keep pace with spending, the head of the world's largest bank endorsed a capital expenditure wave projected to top $1 trillion next year. - The latest Big Tech earnings reports last week made clear that the massive buildout is propping up not only the stock market, but U.S. economic growth writ large. - "The technology is so powerful, it's worth the trillion-dollar investment," Dimon said at an Anthropic event unveiling new partnerships and AI agents tailored to financial services. Zoom in: Dimon and…
AXIOS (Nathan Bomey) - Why JPMorgan Chase CEO Jamie Dimon isn't sweating private credit
JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown , while Goldman Sachs signaled that its private credit business is in good shape. Why it matters: The trend of investors exiting private credit funds has raised concerns that a blowup in nonbank lending could infect the broader financial markets. The big picture: Dimon noted Monday in his annual letter to shareholders that the leveraged private credit market totals $1.8 trillion, while investment-grade bonds total $13 trillion and residential mortgage securities and loans also total $13 trillion. - "In the great scheme of things, private credit probably does not present a systemic risk," Dimon wrote. Zoom in: His comments came on the same day that Goldman…
AXIOS (Jim VandeHei) - Jamie Dimon's warning: More geopolitical risk for America than since WWII
JPMorgan Chase chairman and CEO Jamie Dimon tells me the U.S. is facing the most concurrent risks in 80 years — and that's before AI starts displacing a large number of American workers. Why it matters: Dimon, in an interview for "The Axios Show ," says American business leaders need to step up, and speak up, to help guide the country through these high-risk, tumultuous times. - "We in business made a mistake in not getting more involved earlier," Dimon told me at his new global headquarters in Manhattan. "I do not think the problems of society will be fixed by politicians alone." - Dimon's annual shareholder letter, out next week, will dive deep into geopolitical threats. "There's more geopolitical risk than we've seen since World…