Daily Archives: June 13, 2019

JPMorgan Chase CEO Jamie Dimon: Socialism a ‘big mistake’

JPMorgan Chief Executive Jamie Dimon warned at a quarterly meeting of the Business Roundtable (BR) that socialism would be a “huge mistake." Continue Reading Below “When government owns and controls companies used for political purposes, not economic purposes, it usually means jobs and votes and can lead to huge deterioration,” said Dimon, who chairs the BR. The […]

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Dow snaps six-day winning streak

Stocks closed down Tuesday, with the Dow Jones Industrial Average snapping a six-day winning streak, as investors weighed U.S.-China trade tensions against prospects for monetary stimulus from the U.S. central bank. Continue Reading Below China is promising to “fight to the end” if the U.S. escalates tensions in their ongoing trade war as President Trump edges closer to deciding […]

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