Jamie Dimon on the path ahead

How a financial titan views America's current strengths and weaknesses

Jim Nuttle illustration from “America’s New Map”

Jamie Dimon has been the CEO of JP Morgan since 2006, so he’s pretty much gone through all the major tumult of this century in that position. Hence, when he speaks, as he does here in his annual letter to shareholders, he’s given the same sort of respect as Warren Buffett. Dimon, under normal political conditions, would be considered a Republican, which is why Trump offered him Treasure Secretary in 2016 and will likely ping him again if he wins.

For someone like me, pushing a grand strategy with regard to climate change, demographic transitions, and the emergence of a global majority middle class, I read something like this to gauge my out-there-ism — as in, how far afield of mainstream thinking am I?

By definition, I want to out there in a temporal sense — ahead of the curve. But I also want to remain in the so-called Cone of Plausibility, given what I am forecasting about world-system structural changes.

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All that is to say that checking in with someone like Dimon and his annual shareholder address is worthwhile.

So, let’s dig in.