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Yo_Mama_Been_Loggin

(136,673 posts)
Mon Apr 6, 2026, 03:17 PM Apr 6

America's Top Banker Issues Dire Warning on Trump's War

Source: Daily Beast

JPMorgan CEO Jamie Dimon fears the devastating impact of Donald Trump’s Iran war could reshape the global economic order.

The top banker warned in his annual letter to shareholders that the Middle East conflict could further exacerbate the global oil crisis and cause “stickier” inflation and higher interest rates than markets currently expect.

“The skunk at the party—and it could happen in 2026—would be inflation slowly going up, as opposed to slowly going down. This alone could cause interest rates to rise and asset prices to drop,” Dimon wrote.

Trump is becoming more and more desperate as the Iran war drags on with no real end in sight. The conflict—and Iran’s closure of the Strait of Hormuz—has sent oil prices soaring well above $100 a barrel and caused gas prices to soar across the U.S.

Read more: https://finance.yahoo.com/economy/policy/articles/america-top-banker-issues-dire-134456122.html

6 replies = new reply since forum marked as read
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America's Top Banker Issues Dire Warning on Trump's War (Original Post) Yo_Mama_Been_Loggin Apr 6 OP
No shit Jamie..... Quanto Magnus Apr 6 #1
Just one question? When did JPMorgan CEO Jamie Dimon become America's top banker? Ray Bruns Apr 6 #2
Still waiting on that "inflation slowly going down"... OC375 Apr 6 #3
SO Jimmie when did you come that conclusion.................... turbinetree Apr 6 #4
So My Advice To You Mr.Bee Apr 6 #5
Other countries selling US treasury bonds also raises interest rates and lowers their value IronLionZion Apr 6 #6

Quanto Magnus

(1,363 posts)
1. No shit Jamie.....
Mon Apr 6, 2026, 03:40 PM
Apr 6

People like Jamie will cash in on all of these increases while the rest of us get screwed.

Ray Bruns

(6,575 posts)
2. Just one question? When did JPMorgan CEO Jamie Dimon become America's top banker?
Mon Apr 6, 2026, 03:50 PM
Apr 6

America's top parasite yes.

OC375

(1,086 posts)
3. Still waiting on that "inflation slowly going down"...
Mon Apr 6, 2026, 03:59 PM
Apr 6

Been waiting since the 1980's, actually.

Wages going up would also be an acceptable answer.

IronLionZion

(51,468 posts)
6. Other countries selling US treasury bonds also raises interest rates and lowers their value
Mon Apr 6, 2026, 06:35 PM
Apr 6

Ask any MAGAt why the Iran war needs to continue. See if they have any coherent specifics in their answer.

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