J.P. Morgan’s Dimon: We as a nation should not be complacent

J.P. Morgan/Chase CEO Jamie Dimon is speaking at a NYT/Dealbook summit and says:

• May be the most dangerous time the world has seen in decades
• Oil and gas can be explosive and it hurts poor nations
• China/Taiwan more will eventually happen
• US as a nation should not be complacent
• We should fix our reliance on supply chain from China
• I am not afraid of China. We should engage with China, good for American bank to be there
• Always talking to China about right way to deal with security risk
• Politics is personal. We get involved in policy. We need better immigration policy. We need better education policy.
• Whoever is president, I will do my best to help the president for the good of the American people
• Believes there is a higher likelihood of an additional rate hike compared to others’ views.
• Considers the probability of a soft economic landing to be lower than what others anticipate.

His comments are largely big picture, geopolitical, global.