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That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.
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
May
Great
Currencies
Emerging
Even
Markets
Good
Currency
Things
Equal
Probably
Though
More quotes by Jamie Dimon
I wanted to start by saying that the eurozone - there are two reasons they formed the European Union. One is for political peace and rationalization. And I think that's a good thing for a continent that went through hundreds of years of wars.
Jamie Dimon
Capping the size of American banks won't eliminate the needs of big businesses it will force them to turn to foreign banks that won't face the same restrictions.
Jamie Dimon
All our clients know that we're there, we're steady, we do a good job, we earn a fair return for ourselves, which I think is critical.
Jamie Dimon
I think the Republicans have really thoughtful financial policies, and I'm more in the middle on taxation.
Jamie Dimon
Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.
Jamie Dimon
No one can forecast the economy with certainty.
Jamie Dimon
Just because you have a good hand today doesn't mean it's good tomorrow. And some of the things we're doing may become very disadvantageous at some point.
Jamie Dimon
I completely agree with the concept that American citizens shouldn't expect that a failure of a bank would cost them money, or that it would hurt the economy.
Jamie Dimon
I think what you've seen them do recently in the markets is what most of us learn doesn't ultimately work. But I think everyone has to figure that on their own.
Jamie Dimon
I know the President [Barack Obama]. I like him and respect him. That does not mean I agree with all of our government's policies, whether they come from Democrats or Republicans.
Jamie Dimon
Just because we're stupid doesn't mean everybody else was.
Jamie Dimon
I think normalization is a good thing.
Jamie Dimon
If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder.
Jamie Dimon
If I ran the whole place like it was my way or the highway, we would not be as good a company. I'm going to have mistakes - they'll be made on my watch and will embarrass me. But I'll also make sure the company learns from them so it can become a better company.
Jamie Dimon
We continued to build the business, even in the worst of times. We do business all over America.
Jamie Dimon
Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.
Jamie Dimon
I do want the tax system to be efficient and be conducive to growth, which it is not.
Jamie Dimon
I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?' They feel a tremendous pressure to grow. Well, sometimes you can't grow. Sometimes you don't want to grow. In certain businesses, growth means you either take on bad clients, excess risk, or too much leverage.
Jamie Dimon
I don't like the term universal bank. The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that's part of it.
Jamie Dimon
If it is a small rate raises, [there will be] no impact.
Jamie Dimon