Skip to main content

Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.

 

"Jamie Dimon, the chief executive of JPMorgan Chase, on Friday warned of an “unsettling” global landscape, highlighting a cascade of pressures including war, rising geopolitical tensions and inflation that threaten the economy and could weigh on the performance of the nation’s largest bank."

"JPMorgan’s financial performance was affected by more ordinary issues. While it earned more than $13 billion in the first quarter, the bank’s average customer deposits fell, and it warned of higher expenses in the future. JPMorgan also disclosed a fall in its so-called net interest income, a closely watched financial metric that essentially measures how much money it is able to make from lending.

Wells Fargo, the nation’s third-largest bank, on Friday separately reported earnings that also included a drop in that measure.

JPMorgan’s shares were down 3 percent in trading before markets opened on Friday."

NYTimes 

Comments

Popular posts from this blog

When the President Sounds the Alarm, But the Government Looks Away.

A President's Moral Warning Israeli presidents traditionally avoid political confrontation. Their role is largely ceremonial and symbolic, intended to unify rather than divide. Yet Herzog chose to speak openly about something many observers have documented for years: the erosion of moral restraints. His language was unusually severe. Warning of what he called " a terrible process of brutalization " within Israeli society, Herzog lamented that " there are segments among us that are barely shocked by violence anymore " while " certain other segments treat it lightly." Perhaps most alarming was his warning that extremist conduct is no longer confined to society's fringes. Such behavior, he said, is " threatening to enter the mainstream ." The significance of the speech lies not merely in what was said, but in who said it. When a country's ceremonial head of state feels compelled to warn that brutality is becoming normalized, the ...

Hajo Meyer: Auschwitz, Zionism, and the Courage to Say “Never Again Means Never Again”

Hajo Meyer did not speak from ideology. He spoke from Auschwitz . Born in Germany in 1924, Meyer survived the Nazi machinery of annihilation and emerged with a conviction that would shape the rest of his life: the Holocaust was not a Jewish lesson alone—it was a human one . To betray that universality, he believed, was to betray the dead. Late in life, Meyer became one of the most unsettling voices in Jewish ethical discourse —not because he denied Jewish suffering, but because he refused to let that suffering be weaponized . The Moral Core of The End of Judaism (2005) In his seminal book, The End of Judaism: An Ethical Tradition Betrayed , Meyer argues that Judaism is not defined by land, power, or ethno-nationalism , but by an ethical tradition rooted in justice for the vulnerable. One of his central claims is uncompromising: “ Judaism is not a bloodline or a state . It is an ethical tradition. When that tradition is abandoned , Judaism ends — regardless of who claims ...

ACTIVE CITIZEN WORKSHOP

Active citizen workshop held in Mid city hotel Near Dera Adda Multan at October 28, 2010 with the coordination of Awaz Foundation and British council. It was four days workshop that ended at October 31, 2010. There were 29 Participants in this workshop from varieties of culture, ages, education, social standard, mental approach and gender. It was like a group of flowers with different colors,size and different perfumes. Mr. Sultan and Ms. Shabnum Ayyub were Facilitator of this workshop who performed their assigned tasks beautifully and effectively. CRITICAL APPRECIATION OF THIS WORKSHOP AS AN OBSERVER AND PARTICIPANT The scope of this workshop was to make realize the youth of this area that they have abundance of qualities too much that can bring a good CHANGE, the change that is long desire of our homeland. Decreasing the trust deficit between each others, between different social groups, between peoples of rural areas and urban areas. Understanding to each others that is key in this ...

From Karachi to the Palestine Book Awards: The Journey of The Livestreamed Genocide.

Honored to share that my latest work, The Livestreamed Genocide: A Civilization That Watched and Scrorrlled, has officially been submitted for consideration for the 2026 . 🇵🇸📚 Today, the physical manuscripts of the five-volume series were formally dispatched from Karachi to the distinguished judging panel in London and the United States as part of the awards review process. This project was written as both a historical chronicle and a moral inquiry into the age of digital witnessing — an era in which atrocities are no longer hidden from the world, yet are consumed in real time through screens, timelines, and livestreams. Grounded in documented evidence, authenticated sources, and extensive independent research, the series examines the relationship between modern media, public consciousness, political silence, and the normalization of suffering in the digital age. This work was researched, written, compiled, edited, and prepared independently over countless long days and nights....

Gaza’s Famine: The World Watches Starvation as a Weapon of War

  By Vivian Yee, The New York Times (Aug. 22, 2025) — Reflections and Analysis It is now official: Gaza City and its surrounding areas are in famine. Not “at risk of famine.” Not “approaching famine.” But famine itself — starvation, acute malnutrition, and death. At least half a million people in Gaza Governorate are enduring th e most extreme conditions that the world’s top hunger monitoring group — the U.N.-backed Integrated Food Security Phase Classification (I.P.C.) — measures. With rare exceptions, the other two million residents of Gaza are also suffering severe hunger. The report is unambiguous: famine in Gaza is entirely man-made . It is not drought. It is not nature. It is the direct result of Israel’s blockade of food and aid, relentless bombardment, and the collapse of healthcare, water, and agriculture. “ The time for debate and hesitation has passed. Starvation is present and is rapidly spreading.” — I.P.C. Report By September, famine is expected to engul...