iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,479 Blog Posts

Dimon and Blankfein from Davos, 2018

The headline will read that Dimon is falling in line with Trump’s prediction for +4% GDP growth and that Blankfein said he really liked what Trump did for the economy and that if Hillary got elected the stock market would be lower. While it’s true, they both said those things and it’s also true socialistic policies can never create wealth like the free markets, understand that both of those CEOs are in Davos to root for America, and more importantly, support the leader of the United States — who will also be in attendance.

Part of being a company man and a leader is putting aside personal biases in order to further the interests of the organization, so let’s not misconstrue these statements as folding to Trump — but more of a tribute to the greatness of America.

Dimon on 4% GDP growth

Blankfein on how wonderful Trump’s economy is performing and how dreadful Hillary’s would’ve been and an update on Bitcoin.

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5 comments

  1. ferd

    “Blankfein’s all about country” Perhaps the dumbest thing I’ve ever heard a smart guy say.

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  2. sarcrilege

    Nothing but bankster propaganda for muppets. Sell side. Get the dummies sucked in the mawket and unload that heap of garbage they’ve been storing for years now into their lap.

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  3. heaterman

    Notice the newsy types sitting there in full arctic regalia whilst Dimon is basically in shirtsleeves. The BTU’s needed to sustain life come from another source maybe…

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