Americans' pandemic-era cash pile is shrinking The worry is that savings will dry up just as the full effect of the Fed's interest rate increases hit economic activity Axios · Dec 7, 2022
Crypto is as useful as a ‘pet rock,’ according to JPMorgan's Jamie Dimon The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.” Fortune · Dec 7, 2022
Asian Equities, Oil Prices Dragged by Recession Fears Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks… Asharq Al-Awsat · Dec 7, 2022
Jamie Dimon says Americans are spending all their money because of inflation—and that could tip the U.S. into a recession next year The U.S. economy has been resilient this year despite the Federal Reserve’s aggressive interest rate hikes and high inflation, but JPMorgan Chase CEO Jamie Dimon warns “storm clouds” are still on the horizon. Fortune · Dec 6, 2022
Michael Hiltzik: Thinking of putting crypto in your 401(k)? Think twice The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't. Los Angeles Times · Nov 23, 2022
The savior CEO and the empty promise of ‘stakeholder capitalism’ Companies may claim to serve employees, communities and the planet – but two books show profit still comes first The Guardian - US · Nov 20, 2022
Republicans ride ESG backlash to state financial offices WASHINGTON — Republicans picked up state financial officer positions during the midterm elections amid a campaign against environmental, social and governance investing. Tribune News Service · Nov 17, 2022
Republicans ride ESG backlash to state financial offices - Roll Call Republican candidates flipped five state offices that manage investments in a backlash against using ESG factors in investment decisions. Roll Call · Nov 17, 2022
The writing was on the wall for the FTX and crypto collapse, a top DC financial reform advocate says The writing was on the wall for the FTX and crypto sector crash. Fortune · Nov 14, 2022
Nouriel Roubini says markets aren’t close to done falling in this bear market. Brace yourself for another 20% lurch. “We might be closer to a period like we saw between 1973 and 1982, where stocks dropped and stayed very, very low for a long time,” Wall Street's "Dr. Doom" told Fortune. Fortune · Nov 9, 2022
Climate activists target fossil fuel backing bank in Glasgow on eve of COP27 XR activists staged a protest outside of JP Morgan's Glasgow office The National (Scotland) · Nov 3, 2022
Glasgow bank entrance blocked by climate activists protesting 'failure' of COP26 Climate activists from Extinction Rebellion locked themselves onto oil barrels at the Glasgow branch of an investment bank a year on from the COP26 summit in the city. Glasgow Live · Nov 3, 2022
Wall Street eager to strike deals with Saudi Arabia, despite political concerns U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia. WEKU · Oct 25, 2022
Glitz and Gladwell: the infighting over prized JPMorgan wealth clients Author of ‘The Tipping Point’ calls on Jamie Dimon to intervene in tug of war for rich customers Financial Times · Oct 24, 2022
The Independent UK · Oct 19, 2022 Jeff Bezos, one of the world’s richest men, warns the rest of us about economic recession: ‘Batten down the hatches’ The CEO of JPMorgan Chase, Jamie Dimon, also predicts a recession within the next nine months
The Independent UK · Oct 14, 2022 Bank CEOs increasingly turning pessimistic on economy The outlook of the U.S. economy from Wall Street’s biggest banks is getting gloomier and gloomier, after the industry spent the past year and a half trumpeting that the U.S. economy is strong and the U.S. consumer resilient
WEKU · Oct 14, 2022 It's almost impossible to find a CEO who isn't bracing for a recession Nearly all the chief executives in a new survey — 98% — say they're getting their ducks in a row for an impending economic downturn in the United States.
Benzinga · Oct 13, 2022 Will S&P 500 Plummet? Dimon Predicts 'Another Easy 20%' And 'Some Kind Of' Recession JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon has warned of a looming recession as stocks continue to fall.
Benzinga · Oct 12, 2022 Analysis: Why Investors Should Hope Jamie Dimon Is Wrong Again About The Markets On Monday, the CEO of one of the biggest banks in the world, Jamie Dimon of JPMorgan & Chase Co (NYSE: JPM) made a bearish statement
The Independent UK · Oct 11, 2022 Liz Truss deserves ‘benefit of the doubt’ after sparking market turmoil, JP Morgan chief says Jamie Dimon says he would ‘like to see the new PM be successful’
The Guardian - UK · Oct 11, 2022 First Thing: backlash against Saudi Arabia grows in Congress over oil cut An influential Democratic senator has threatened to freeze weapons sales to the kingdom. Plus, Ukraine demands more western missiles
The Times of India · Oct 11, 2022 JPMorgan CEO Jamie Dimon expects US recession in six to nine months NEW YORK: JPMorgan Chase Co chief executive officer Jamie Dimon said "serious" headwinds are likely to push the US and global economies into recession by the middle of next year.
The Guardian - US · Oct 10, 2022 US is headed for a recession, says head of JP Morgan Chase bank Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months
ABC News · Oct 10, 2022 ASX reversed gains, Aussie dollar dips below 63 US cents, business activity booms in September Australian shares pare gains while key surveys show business activity and consumer spending are still strong despite rapid rate increases.
Ballotpedia · Sep 27, 2022 Economy and Society, September 27, 2022: House Financial Service Committee addresses ESG Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.