Rex Nutting: Trump and Warren agree: Corporations are holding back the economy [MarketWatch]
JP Morgan Chase & Co. (JPM)
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Source: MarketWatch
Opinion: Trump and Warren agree: Corporations are holding back the economy Stop the presses! Donald Trump and Elizabeth Warren agree on something. Each has argued this week that the U.S. economy would be stronger if we could alter the way our corporations are run. Of course, the populists of the right and the left disagree vehemently about what the problems are and how to remedy those faults. But both agree — apparently — that one of the structural problems in the economy is that corporations aren’t maximizing long-term hiring or growth because they are focused too much on short-term results. Trump expressed his concerns, of course, in a tweet , so we have limited understanding of exactly what he’s advocating and what his reasons are. The president said retiring PepsiCo PEP, +0.26% CEO Indra Nooyi told him that if he wants to make the economy great, corporations should move away from reporting their financial results on a quarterly basis. Trump said he asked the Securities and Exc
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JPM
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- 4/12/24 - Beat
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- 4/24/24 - Form FWP
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- JPM's page on the SEC website