The JP Morgan boss on why 2023 will be unpredictable, why he’s still as energised as ever, and why he refuses to ‘hyperventilate’ about working from home.
JP Morgan chief executive Jamie Dimon says the US economy is in great shape, but there are dark clouds on the horizon in 2023.Jamie Dimon says he remains as energrised as ever.“QT is not normal. War is not normal. Wars have always been unpredictable. Global energy security and global food security are precarious.
“We don’t have the fortitude to put in a carbon tax. And honestly, that’s the best way to attack it. We’re saying we’re really serious, it’s really important, but we’ll never do a carbon tax? I hope we’re up to this challenge. I just don’t see it yet.”“The US could do more to help Europe in the short run with oil and gas. That is an immediate problem that Europe is going to face this winter and I’m not sure we’ve done enough.
“And it’s hard. Because at least in the United States, they don’t know whether it’s an asset or a security and what the tax requirements should be, what the reporting requirements should be. But eventually, they’ll get around to it.”“I think people are hyperventilating on the issue. Most companies are going to try to find a way to accommodate hybrid forms of work.
“Can you imagine Tom Brady going onto the field and saying ′I’m older, can I cut back a little bit?′ You better put those shoulder pads on and give your all on every play.China
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