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We see very broad-based, moderate, growth. Most of the sectors are quite strong. I don't see any major potholes, and I believe [the economy] is strengthening.
Jamie Dimon
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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
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Sectors
Growth
Strengthening
Economy
Moderate
Quite
Moderates
Strong
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Potholes
More quotes by Jamie Dimon
I think the free-enterprise system has been great for society. That doesn't mean it's completely perfect. And also, when people say capitalism, I'm not really sure what they mean.
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When the government gets involved in pricing, I don't think it's the right way to look at a business.
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I am not embarrassed to be a banker. I am not embarrassed to be in business.
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I think normalization is a good thing.
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We're diversified, we're stable and consistent. Our businesses benefit from each other.
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If it is a small rate raises, [there will be] no impact.
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I do want the tax system to be efficient and be conducive to growth, which it is not.
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We're going to do the right thing for the company and our customers, all things considered.
Jamie Dimon
The third arrow (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.
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India is a huge democracy. Prime Minister [Narendra] Modi has ambitions to try to fix the infrastructure, the rules, taxes, education, and to lift up the Indian people. And we're hopeful that that's going to create positive momentum.
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I hate the word universal, because I don't know exactly what it means. The question is, does it work for the client? Travelers was a diversified, financial conglomerate that did very well. The businesses had nothing to do with each other.
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I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.
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No one can forecast the economy with certainty.
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Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.
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I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.
Jamie Dimon
It can take a long time to get the rules in place that are conducive to growing, sometimes.
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JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
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Well, if you were the American public, you saw a catastrophe. In general, you would say, The biggest institutions of America - Washington, broadly, and Wall Street, broadly - they're to blame. And, broadly, they're right.
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I agree with people who say we want more income equality we want more consumer protection and we want sounder banks. I agree with all that.
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People always say to me, What if it doesn't work? If it doesn't work, we redouble our effort. We're not going to cry like a bunch of babies. We're going to redouble our effort.
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