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‘It Doesn’t Make A Difference’
Jamie Dimon, man of the people?
No. Definitely not. Dimon personifies American banking in a way unseen since his firm's namesake lorded it over America in and around the country's last Gilded Age.
Insulated from it by dint of billions though he is, Dimon still understands that Wall Street isn't Main Street. That in fact, there's an objective reality behind the financialized abstraction. But judging by the dismissive cadence he employed while musing off-the-cuff about the September Fed meeting,
Yep. It was all just damn silly.
As was watching the indices lurching around during Powell’s press conference as investors reassessed their earnings predictions based on the chairman’s every utterance.
(Anyone want to compare that price action to sports betting? Or the final days of ancient Rome?)