Business
Dimon Warns World May Not Be Ready for Fed at 7%: TOI
Jamie Dimon, chief executive officer at JPMorgan Chase & Co. says the world may not be prepared for a worst-case scenario of …
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Business
Makary on FDA’s rollback of hormone replacement therapy warnings #shorts #fda #hrt #womenshealth
Dr. Marty Makary, former FDA Commissioner, explains the decision behind the FDA’s rollback of long-standing warnings on hormone replacement therapy. On Wall Street Week we look at the $360 billion women’s health market, Wall Street’s investment in menopause and the challenges of distinguishing evidence-based care from marketing hype https://bloom.bg/3EMZYZX
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Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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@ThomasShelby-xz2fk
December 17, 2023 at 7:49 am
Everyone in the federal reserve needs to be fired. There is no way rates should be this high. They just want to crush the economy and middle class to save their own ass. Investment portfolios are going to hell because of these people. Very disgraceful.
@noName-kn1lx
December 17, 2023 at 7:49 am
The same guy who warned of an economic hurricane. Go back to banking and stop trying to grab some spotlight fame
@The007monty
December 17, 2023 at 7:49 am
What Dimon is saying is enjoy your home while u still have a roof over your head
@maestrovso
December 17, 2023 at 7:49 am
We should all appreciate Jamie Dimon cares deeply about US households that are not ready for 7% rate. We count our blessing for such a caring banker for US biggest bank.
@user-zz4cs9pl1q
December 17, 2023 at 7:49 am
GO AWAY
@rufus9609
December 17, 2023 at 7:49 am
Yah well…
it wasn't ready for 20% but I lived through that so…
7% should be a walk in the park.
@JosephSullivan1979
December 17, 2023 at 7:49 am
The U.S. economy can't handle 5%. There is a slow motion crash happening that is being covered up. The employment participation rate is low while the quality of jobs being created are part time jobs with no benefits. The regional banks are losing deposits to Money Market accounts and Money Market mutual funds. Consumers have slowed down spending and consumer spending is the majority of the U.S. economy.
@tedwesthaven
December 17, 2023 at 7:49 am
dimon always crying wolf, let the qqq rally continue!
@AnimatedHistory-InCharts
December 17, 2023 at 7:49 am
Rates at 7? Hummm… I'm not prepared for that, I was counting on fed funds topping at 6.00%.
@vinredhawk7294
December 17, 2023 at 7:49 am
all the fed does is nothing worthwhile
@illegalsmirf
December 17, 2023 at 7:49 am
He sounds like a usurious Due demanding his pound of flesh
@garantexpert2003
December 17, 2023 at 7:49 am
J
@123-ig9vf
December 17, 2023 at 7:49 am
How about Epstein? Did Dimon warn about him?
@ryanwalters6184
December 17, 2023 at 7:49 am
7% is not even high. What is the big deal?
@praveenspike
December 17, 2023 at 7:49 am
What I said about a month back I think is what Dimon is saying now. There is no other way around in current circumstances.
@Seanpfree
December 17, 2023 at 7:49 am
We've seen the end of first time homeownership in the US pricing an entire generation out of the middle class and the American Dream. Wealth continues to be extracted from the lower and middle class to the few wealthy elites faster than ever before in history. The largest wealth transfer in history. This doesn't end well for anyone.
@herrwahnsinn4229
December 17, 2023 at 7:49 am
Myself, J. Powell, Janet Yellen, and Ben Bernanke continue this 12 or 13 year failed policy until it causes hyper-inflation. Severely disjointed in the head, should be put into prison.
@albertoperin402
December 17, 2023 at 7:49 am
Obviously is shorting bonds and claim the opposite… criminal
@georgekazanchyan4976
December 17, 2023 at 7:49 am
Jamie Dimon should shut up sometimes. What is his intention and motive?
@Buppasiri1
December 17, 2023 at 7:49 am
Fed won't be at 7%… Everything implodes before that. Then zero rates and massive injections and stocks to the moon.. Everything will quadruple in value and people can borrow to mansions for free… Later on hyperinflation and misery.
@joshlin8642
December 17, 2023 at 7:49 am
Hurricane season isn’t over yet 😂