Jamie Dimon Projects America’s Future; Vaccine Cards & Verifications

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 7 April 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a 66-page-long iteration of his annual shareholder letter, JPMorgan Chase CEO Jamie Dimon shares his expectations for America’s economic future, in both the immediate and long term. He’s bullish on the U.S., but wary of political and social dysfunction across the country. Pollster and political strategist Frank Luntz is urging leaders to choose their words wisely. A new survey reveals that Americans are broadly opposed to carrying a vaccine “passport,” but not a “verification” or “certification.” Rhetoric around vaccinations in this country could, according to Luntz, mean “the difference between life and death.” Amazon CEO Jeff Bezos has spoken out in favor of raising corporate tax rates, although his business won’t be affected by any of President Biden’s proposed changes. Plus, Kim Kardashian has hit billionaire status, turning her high-profile lifestyle into a highly profitable income.

Transcript

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0:00.0	This is Squawk Pod. I'm CMBC producer Katie Kramer today on our podcast.
0:07.0	Jamie Diamond speaks. I was like, wow, he's talking about business and rates and the economy.
0:13.5	The JP Morgan CEO's annual letter to shareholders.
0:16.7	He writes a long letter every year.
0:18.0	This is one of the medias I've ever seen
0:20.2	and goes through a lot of issues.
0:22.4	Diamonds messages about corporations, China,
0:25.0	and the roaring 20s yet to come.
0:28.0	66 pages, but you're not going to go over every page
0:31.0	in your interpretation, are you Andrew Andrew there's a lot more and
0:34.3	vaccine requirement passport for verification it's all in the branding says
0:39.3	pollster Frank Luntz. Language in this case matters and the right language is the difference between getting
0:45.6	vaccinated and not getting vaccinated.
0:47.6	Frankly, it's a difference between life and death.
0:50.3	Plus, Coinbase's IPO, Make Up Tips tips and Kim Kardashian, and the world's richest man is okay with a corporate tax hike.
0:57.8	Amazon CEO Jeff Bizos said he supports raising the corporate tax rate,
1:01.8	because it does nothing to his company.
1:04.0	It's Wednesday April 7th 2021, Squack Pod begins right now.
1:09.0	Good morning.
1:12.0	Welcome to Squack Box right here on see NBC. I'm Andrew
1:15.2	Austin along with Joe Kernan and Becky Quick.
1:17.8	First up today on the podcast Jamie Diamond has a few things to say.
	...

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