It's one thing to write about the words emanating from the world's most powerful chief executive officer, but something else entirely to sit across from them for 25 minutes asking questions on live TV.to carefully consider the warnings from JP Morgan & Chase chairman and CEO Jamie Dimon, I got to chat with banking's top dog late Wednesday.
"Jamie is the LeBron James of banking," Wells Fargo's long-time bank analyst Mike Mayo told Yahoo Finance Live post our interview with Dimon.Powell struck a note of caution on the outlook for housing amid 8% mortgage rates. Dimon came off to me equally as cautious, given the steep ascent in housing costs. Higher rates are "slowing down people's ability to move," Dimon told me.
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