Quotes
While inflation has come down, most of what I see in the future is inflationary,
said Dimon, who backs the need for reducing the US deficit These large deficits are not sustainable -- I do not know whether it will cause a real problem in six months or six years -- the sooner we deal with it, the better,
If it's a little inflationary but good for national security, so be it. Get over it.”
This comes after Dimon had previously told CNBC at the World Economic Forum in Davos [W ... W]e are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,
I don’t think inflation is going to be a big deal.”
Then, the president added I think your question is so stupid. I mean, I don’t want anything to go down, but sometimes you have to take medicine to fix something.”
When a reporter asked him Sunday night how much he’d let the stock market endure, he replied America First is fine, ... as long as it doesn’t end up being America alone.”
wrote Dimon, echoing one of Trump’s rallying cries All of these cross currents and turbulence may take years to play out,
These are challenging times, but we have chosen to come here because we are going to back you to the hilt.
Speaking at a Jaguar Land Rover plant in the West Midlands, the Prime Minister said This is a moment for cool heads, nobody wins from a trade war, you know that
Let me be really clear, at a moment like this, our future is in our hands, and so of course, we will keep calm and fight for the best deal with the US, and we've been discussing that intensely over the last few days.
We are likely to see inflationary outcomes, not only on imported goods but on domestic prices, as input costs rise and demand increases on domestic products,
The country is 100 percent behind the president on fixing a global system of tariffs that has disadvantaged the country,
he wrote on the social media app I am hoping that after negotiations, the long-term effect will have some positive benefits for the US. My most serious concern is how this will affect America’s long-term economic alliances,
There are many uncertainties surrounding the new tariff policy: the potential retaliatory actions, including on services, by other countries, the effect on confidence, the impact on investments and capital flows, the effect on corporate profits and the possible effect on the US dollar,
There are many ways to combat unfair trade – industrial policy is one of them, but it should be done right or not at all,
The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and ‘trade wars,’ ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility,
The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,
Dimon warned in his annual letter to shareholders If the Western world’s military and economic alliances were to fragment, America itself would inevitably weaken over time,
Even with the recent decline in market values, prices remain relatively high,
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