5 key points from Jamie Dimon's letter to investors [Yahoo! Finance]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Yahoo! Finance
on matters both national and international, technological and geopolitical, macro and micro. He floated ideas both specific, such as the bank's new investments in Alabama, and broad, such as the importance of U.S.-European alliances. And in typical style for Dimon, who famously referred to credit defaults as " cockroaches " last year, a number of animals made appearances, including the "skunk" of inflation and the "camel" of the U.S. economy, forever suffering additional straws on its back. The letter offers a detailed picture of the global economic environment as Dimon sees it, full of both risks and opportunities that are interrelated in complicated ways. "All in all, there are lots of moving parts and potential straws that might be added to the poor camel's back," Dimon wrote. "We are watching closely and hoping for the best. We always try to be prepared and vigilant and also recognize that tough times can create good opportunities." Here are five important takeaways from D
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