Jamie Dimon is very optimistic

Jamie Dimon, CEO of JP Morgan Chase

 

This is NOT Jamie Dimon. This is a video talking about how great Jamie Dimon is.

Jamie Dimon just said that the US economic expansion could go on for years. “It could go on for years,” he added. “There’s no law that says it has to stop. We do make lists, and look at all the other things: geopolitical issues, lower liquidity. There may be a confluence of events that somehow causes a recession, but it may not be in 2019, 2020, 2021.” Yea, the recession is cancelled!

There are lots of videos on Youtube showing him being attacked by female Democrats and others by talking heads at CNBC discussing what he said, but I am having trouble finding any that actually let him talk. This is the best one I have found yet, after just a minute of searching. Jump to 2:30 and then 11:45.

America has the best hand ever dealt to any country ever. We have wonderful neighbors in Canada and Mexico.  We have barriers in the Atlantic and Pacific. We have all the food water and energy we will ever need. We have the best military on the planet and we will as long as we have the best economy.  We have the best universities on the planet. We have a rule of law. We have a magnificient work ethic, we have innovation. We have a productive workforce. We have the widest, deepest financial market the world has ever seen.  If you made a list of these things, it is extraordinary.  Yes we have problems but we have been shooting ourselves in the foot.