Jamie Dimon said interest rates may climb much higher from current levels, a warning to bond investors at a time when yields have touched multi-year highs.
“They could be much higher than they are today,” the chairman and chief executive of JPMorgan Chase & Co. said in an interview with Bloomberg Television. “We may have gone from a saving glut to not enough savings.”
Dimon also said the Wall Street giant will likely hire more artificial intelligence specialists and fewer traditional bankers as the adoption of the technology accelerates.
Today’s guests:
Beata Manthey, Citi, European Equity Strategy Head; Daniel Tannebaum, Oliver Wyman, Partner, Global Anti-Financial Crime Practice Leader;
Sander van ‘t Noordende, Randstad CEO; Richard Madden, DC Advisory, European Executive Chairman.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:33 – Nvidia gets tepid reaction to forecast
00:03:40 – SpaceX files for Nasdaq IPO under symbol SPCX
00:06:33 – Beata Manthey, Citi, Head of European Equity Strategy
00:14:28 – EasyJet CEO: No issues with fuel supply
00:15:21 – Trump reviews pressure as Iran vows retaliation
00:16:03 – Daniel Tannebaum, Oliver Wyman, Global Anti-Financial Crime Practice Leader
00:23:21 – Thursday headlines
00:24:03 – Banking chief executives on AI’s impact on jobs market
00:25:06 – Sander van ’t Noordende, Randstad CEO
00:32:59 – Barclays CEO: UK should tackle Brexit impact
00:36:49 – StanChart CEO’s AI comments spark backlash
00:42:05 – Richard Madden, DC Advisory Europe Chairman
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More on Bloomberg Television and Markets
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