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
273
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
- Top selling mobile games cooling down, NetEase's performance under pressure: Can new games in December continue to support the situation
-
知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
- caffycat
- 昨天 11:18
- 支持
- 反对
- 回复
- 收藏
-
每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
- star8699
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
- goodfriendboy
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
- 3233340
- 昨天 17:06
- 支持
- 反对
- 回复
- 收藏