J.P. Morgan's Dimon: We as a nation should not be complacent
<p>J.P. Morgan/Chase CEO Jamie Dimon is speaking at a NYT/Dealbook summit and says:</p><ul><li>May be the most dangerous time the world has seen in decades</li><li>Oil and gas can be explosive and it hurts poor nations</li><li>China/Taiwan more will eventually happen</li><li>US as a nation should not be complacent</li><li>We should fix our reliance on supply chain from China</li><li>I am not afraid of China. We should engage with China, good for American bank to be there</li><li>Always talking to China about right way to deal with security risk</li><li>Politics is personal. We get involved in policy. We need better immigration policy. We need better education policy.</li><li>Whoever is president, I will do my best to help the president for the good of the American people</li><li>Believes there is a higher likelihood of an additional rate hike compared to others' views.</li><li>Considers the probability of a soft economic landing to be lower than what others anticipate.</li></ul><p>His comments are largely big picture, geopolitical, global.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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