( ) -q-25- UNDATED (Correspondent Jeremy House) “seen in decades.” JPMorgan Chase’s third-quarter profit soared 35% from last year. [CutID: <Cuts> JPMORGAN-PROFIT-house-q-FRIam.mp3 Time: 25s Title: JPMORGAN-PROFIT-house-q-FRIam Out-cue: seen in decades] TAG: Correspondent Jeremy House reporting. ———————– VERBATIM: The increase in prfit was fueled by a rapid rise in interest rates. However, the bank’s CEO, Jamie […]
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JPMorgan profit jumps 35%, but CEO warns of ‘dangerous time’
( ) -q-25- UNDATED (Correspondent Jeremy House) “seen in decades.”
JPMorgan Chase’s third-quarter profit soared 35% from last year.
[CutID: <Cuts> JPMORGAN-PROFIT-house-q-FRIam.mp3
Time: 25s
Title: JPMORGAN-PROFIT-house-q-FRIam
Out-cue: seen in decades]
TAG: Correspondent Jeremy House reporting.
———————–
VERBATIM: The increase in prfit was fueled by a rapid rise in interest rates. However, the bank’s CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability. Dimon said the Russia-Ukraine and Israel-Palestinian wars, high levels of government debt and deficits and high inflation are contributing to what he calls “the most dangerous time the world has seen in decades.”