Roula Khalaf, Editor of the FT, shares her favorite stories each week in the Editor’s Digest, which readers can unlock for free. This curated newsletter provides insights into the current events and key topics in the world of finance and business.
JPMorgan Chase CEO Jamie Dimon recently expressed optimism about the state of the US economy, describing it as “booming.” However, he also cautioned that he was “on the cautious side” when it came to the potential for a soft landing. Despite concerns about a possible recession due to interest rate increases by the Federal Reserve, Dimon believes that the economy is currently in good shape.
During his address at the Economic Club of New York, Dimon reflected on the unpredictability of the markets, emphasizing that they will sometimes act in ways that hurt the most people. He also expressed surprise that geopolitical tensions have not had a bigger impact on oil prices, warning that any disruptions in the energy sector could lead to a significant price hike.
Dimon’s comments on politics included a call for more business leaders to serve in government. He highlighted the importance of diversity in leadership and encouraged