Mr. Dimon said gold prices could easily rise to $5,000 or even $10,000 in the current environment. He believes there is some truth to holding gold, but he is noncommittal about whether gold is overvalued after its historic rally. Click to view
JPMorgan Chase CEO Dimon issued a rare credit risk warning, pointing to the credit bubble exposed by the bankruptcy of the US auto loan market. The bank exposed bad loans on $170 million subprime loans, warning of a recession or a bigger crisis. Click to view...
JPMorgan Chase CEO Dimon warns that the risks to the U.S. economy are not clear! Tariffs, immigration, geopolitical shocks continue to ferment, consumer confidence has declined, and the cloud of recession has not lifted. Click to view...
On the 24th local time, an air defense alert was activated near the Dimona nuclear reactor in Israel. (CCTV News)
Dimon warns that the global economy is facing "severe turbulence", legendary investor Einhorn who shorted Lehman has criticized tariffs, and the Federal Reserve will cut interest rates much more than expected? Click to view...
JPMorgan CEO Dimon said of Musk and the Department of Government Effectiveness (DOGE) that their focus on the government is completely reasonable. Dimon also said that tariffs are an economic weapon that could lead to higher inflation and that asset prices in the U.S. stock market are somewhat overvalued. (Golden Ten)
Dimo, the "Drive-and-Earn" platform for developers to build apps and monetize car drivers with data, is migrating from Polygon to Base, a move co-founder Rob Solomon believes opens the door to valuable collaborations in the future. According to the introduction, the project is a "global API layer for cars", which aims to make every car smart and programmable, and users can also make money by selling data. (Decrypt)