The Middle East situation triggers a global crisis? CEO of Xiaomo: Perhaps the worst since World War II!
楚一帆
发表于 2023-11-8 10:55:54
264
0
0
Jamie Dimon, CEO of JPMorgan Chase&Co., warned that the ongoing conflict situations in Europe and the Middle East could trigger the most severe global crisis since World War II.
In an interview, he said that the Russia-Ukraine conflict and the Palestinian Israeli conflict have made the world more "terrible and unpredictable".
He said, "In the United States, we continue to have a strong economy and there are still many fiscal and monetary stimulus measures in our system. However, these geopolitical issues are very serious and can be said to be the most serious since 1938
One month after the outbreak of the Israeli-Palestinian conflict, the financial markets were largely unaffected by the Middle East conflict.
Since October 7th, the US stock market has risen and fallen, with the S&P 500 index up 1%. Investors are encouraged by the idea that the Federal Reserve may not raise interest rates again. The Morgan Stanley Capital International Global Index, which tracks global stock markets, also rose by about 1% during the same period.
At the same time, due to concerns that Iran, the main oil producing country, may be embroiled in a broader conflict, the prices of Brent and West Texas medium crude oil briefly soared, but since then, these two benchmark crude oil prices have fallen back to pre Israeli Palestinian levels.
Damon stated that it is futile to worry about market trends when the world is on the brink of such a serious crisis.
He emphasized that the tense geopolitical background is reshaping the world and its economy, and "what is happening in geopolitical terms is crucial for the future of the world
What has happened... Now is the most important thing for the future of the world - freedom, democracy, food, energy, immigration. When you say what impact will this have on the market? "He added.
This is not the first time Damon has warned that the Middle East conflict poses a threat to the world economy.
This may be the most dangerous moment in the world in decades, "he said at a press conference after the bank announced quarterly results last month. He mentioned several major risk factors: escalating geopolitical friction, the Federal Reserve's tightening actions, and the massive debt accumulation of the US government.
We have dealt with inflation, deficits, and economic recessions before, but since World War II, we have not really dealt with such things, "he said.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Highlights of this week's external market: Where is the situation between Palestine and Israel heading? The latest retail data from the United States may contain hidden risks
- Inflationary pressure in the United States remains on the edge, and tensions may add fuel to the situation
- US Treasury Secretary Yellen: High interest rates may persist, but the fiscal situation is not insurmountable
- Will the conflict between Israel and Kazakhstan disrupt the US Indo Pacific strategy and bring it back to the Middle East?
- Five months of winning nearly 3 billion US dollars in investment from Middle Eastern "financiers", Li Bin confirms "joke": NIO always finds money at critical moments
- NIO receives a new round of strategic investment of 2.2 billion US dollars in the Middle East, and Li Bin remains the actual controller of the company
-
【英偉達の需要が高すぎる?SKハイニックス:黄仁勲がHBM 4チップの6カ月前納入を要求!】SKハイニックスの崔泰源(チェ・テウォン)会長は月曜日、インビダーの黄仁勲(ファン・インフン)CEOが同社の次世代高帯域 ...
- 琳271
- 前天 17:54
- 支持
- 反对
- 回复
- 收藏
-
ファイザーが前立腺がんを治療する革新薬テゼナ& ;reg;(TALZENNA®,一般名:トルエンスルホン酸タラゾールパーリカプセル)は2024年10月29日に国家薬品監督管理局(NMPA)の承認を得て、HRR遺伝子突然変異 ...
- 什么大师特
- 昨天 17:41
- 支持
- 反对
- 回复
- 收藏
-
南方財経は11月5日、中央テレビのニュースによると、現地時間11月5日、米ボーイング社のストライキ労働者が59%の投票結果で新たな賃金協定を受け入れ、7週間にわたるストライキを終えた。ストライキ労働者は11月12 ...
- Dubssgshbsbdhd
- 昨天 16:27
- 支持
- 反对
- 回复
- 收藏
-
【マスクはテスラが携帯電話を作ることに応えた:作れるが作らないアップルとグーグルが悪さをしない限り】現地時間11月5日、有名ポッドキャストのジョローガン氏のインタビューに応じ、「携帯電話を作るのは私たち ...
- 波大老师
- 昨天 14:41
- 支持
- 反对
- 回复
- 收藏