JPM
Dimon’s macro soapbox
Jamie Dimon isn’t exactly known for subtlety, and this time he took aim at the trade friction between the US and Europe, calling it “stupid.” His point: if policymakers can stop tripping over trade squabbles, they might actually unlock stronger growth on both sides of the Atlantic.
Why investors should care
This isn’t about JPMorgan’s quarterly numbers or a new product launch. It’s more of a big-picture reminder that cross-border trade and geopolitics still matter a lot for markets. Sluggish trade policy can mess with corporate spending, supply chains, and the vibe check on economic growth.
NATO, growth, and the usual Dimon thesis
Dimon also argued that the US would benefit from a stronger NATO. Translation: he’s linking economic strength with geopolitical stability, which is basically Wall Street’s version of “please don’t make things weird.” For investors, that kind of commentary can shape how they think about defense, industrials, banks, and any company that hates uncertainty, which is most of them.
Big picture
No earnings here, no M&A here — just one of the most-watched bankers in the world reminding everyone that macro politics still has a nasty habit of sneaking into your portfolio.