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I Think Normalization Is A Good Thing.
-Jamie Dimon
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I Think Normalization Is A
Jamie Dimon
I Think Normalization Is A Good Thing.
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Good Things
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If You Look At Detroit, That Mayor, It's Been A Train Wreck For 40 Years, The Population Has Gone From 2 Million To 700,000. This Mayor Comes In, And He Talked About Streetlights, Sanitation, Jobs, Policing, Schools, Affordable Housing. He's Doing It All, And It's Growing For The First Time In 30 Years. Literally, One Man. But That One Man Couldn't Do It Without Business. And Business Couldn't Have Done It Without A Political Environment Where They Wanted To Improve Things. If You Had An Antibusiness Environment There, It Would Still Be Down There.
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Companies Are Returning A Lot Of Money To Shareholders Through Dividends And Buybacks. And A Lot Of People Say That's Not A Good Use Of Capital. I Think That's Normal Reallocation Of Capital.
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It's Great That People Get Together And Collaborate, Talk About The Facts And The Analysis, All In The Interest Of Having A Great Financial System.
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