Mr Cooper Group Inc (COOP)

[serafino1]

Occasionally read today in my host country.

Mr Dimon wrote his annual letter to shareholders .
His prognosis of the business world is so geared up, that everyone will suffer, directly or indirectly, it is a global situation.
Personally, I always listen to and weigh his ideas.

Letter to shareholders Top banker warns of "risks that dwarf anything since the Second World War" Once a year, Jamie Dimon, head of the largest bank in the US, writes to his shareholders about how he sees the world and what conclusions he draws for business. His latest work is gloomy.
Jamie Dimon is CEO of JPMorgan Chase and probably the most influential banker in the USA. His word carries weight in the financial sector - and some of his recent words have not been particularly hopeful.

On Monday evening, for example, he said that he still expects the US economy to be resilient and grow this year. However, he fears that geopolitical events such as the war in Ukraine and the war between Israel and Hamas, as well as political polarization in the U.S., could create an environment that "could very well pose risks that dwarf anything since World War II."

Dimon wrote this in his annual letter to shareholders. There, he frequently weighs in on topics such as politics, regulation and global events and explains what this could mean for JPMorgan Chase and the economy in general.