Article
JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power
JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power
JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank's legacy to the nation's history: "In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which was founded in April 1799."
Quick Summary
Dimon used his annual letter to tout another year of record financial results, while warning that investors may be underestimating the risks building across the global economy. These risks include...
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Jul 13, 2026 / Tyler Durden
Trump Will Hit Iran 'Hard' Tonight Or Tomorrow As IRGC Targets More Vessels In Hormuz
Trump Will Hit Iran 'Hard' Tonight Or Tomorrow As IRGC Targets More Vessels In Hormuz
Summary
Trump warns will hit Iran 'hard' tonight or tomorrow
Reports of Houthi missiles launched on Saudi Arabia: oil extends gains near month-highs.
Trump says US blockade of Iran ports 'reinstated': states that US to be reimbursed at rate of 20% of cargo shipped for vessels wishing to transit. CENTCOM affirms with closure message.
Strikes escalated over weekend: US hit over 140 Iranian military targets; Iran attacks US-linked facilities across the Gulf.
Shipping tensions boil: Iran claims the strait is closed,...
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May 4, 2026 / Tyler Durden
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
All-Time High 55% Of Americans Say That Their Financial Situations Are Getting Worse
Authored by Michael Snyder via The Economic Collapse,
Americans were not even this stressed about their financial situations during the Great Recession. As you will see below, a brand new Gallup survey has discovered that 55 percent of Americans believe that their finances are getting worse. That is higher than any reading that Gallup recorded during the recession of 2008 and 2009, and it is higher than any reading that Gallup recorded during the pandemic. But of course...
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Jun 25, 2026 / Tyler Durden
EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea
EU Commissioner Claims That Ukraine Is Gaining The Upper Hand On The Battlefield, In the Air, And At Sea
Via Remix News,
Ukraine is gaining the upper hand on the battlefield, in the air and at sea, while Ukrainian drones have stopped Russia’s ground advance and are causing serious disruptions to Russian logistics, EU Commissioner for Defense and Space Policy Andrius Kubilius said on Tuesday in Brussels.
In his speech launching the European defense and security summit, the commissioner pointed out that Ukrainian drones can paralyze the supply of the Russian army...
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