Squawk Pod Reports from Davos: JPMorgan Chase CEO Jamie Dimon 01/17/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 17 January 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

In a special episode of Squawk Pod, Joe Kernen, Becky Quick, and Andrew Ross Sorkin are at the World Economic Forum in Davos, Switzerland, where they’re speaking with JPMorgan Chase CEO Jamie Dimon. He takes a hard look at American political tribalism in the wake of the Iowa Presidential Caucus, and he considers the trajectory of the U.S. economy. Plus, Dimon says that China is gladly opening up to foreign investments, and he’s done talking about bitcoin–after this! Jamie Dimon talks about pet rocks, blockchain technology, and market hype. In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	This is America First. This is the battle zone of democracy and freedom and free
0:09.0	enterprises affecting all other relationships in the world. A Russian victory could cause huge problem.
0:15.0	J.P. Morgan CEO Jamie Diamond is at the World Economic Forum in Davos, Switzerland.
0:21.0	He's speaking with the president of Ukraine, leaders from China, and of course, our own team.
0:28.0	Gave you a half hour.
0:29.0	Yeah, I'm going to start charging you guys by the way.
0:32.0	How he's thinking about the U.S. economy. I think it's a
0:35.3	mistake to assume that everything's hunky-door. And U.S. politics as we inch
0:39.6	closer to the 2024 election. But I don't think they're voting for Trump's family values.
0:45.0	If you look, just take a step back, be honest.
0:47.0	He's kind of right about NATO, kind of right about immigration.
0:49.0	He grew the economy quite well.
0:51.0	Jamie Diamond speaks on opportunities in China.
0:55.0	Anyone who is looking and investing there has to be a little worried.
0:58.7	The CCP slowly opening up to foreign businesses, even sending its second in command to Davos.
1:05.4	And Diamond says they're glad to do it.
1:08.0	But they want us there.
1:09.2	They're not asking American companies to leave.
1:11.6	Plus, the last time I ever talk of Bitcoin.
1:14.3	The JP Morgan chief has had it up to here
1:17.1	with these crypto conversations.
1:19.0	My personal advice is that you don't get involved,
	...

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