Jamie Dimon, CEO of JPMorgan Chase, on whether China is beating America ๐บ๐ธ
โThatโs a real stretch. China has a $15,000 per-person GDP. The U.S. is $85,000, with the most dynamic economy and prosperous the world has ever seen.
We have 40 military alliances, 140 economic alliances. They have one. Theyโve done a great job in so many things, but they still import 10 million barrels of oil a day.
Are they going to be the best economic or military alliance for a lot of people out there who are mad at America? Probably not. So, you know, Iโd take a deep breath on that one.โ
Why am I seeing so many posts on $TSLA making $400-$500 by year end 2025 when Elon has said on the Q2 2025 call that the next few quarters will be rough. Trust in $TSLA long term but would not FOMO - the most recent FOMO moment, IMO was sub $120 in 2023.