Jamie Dimon, CEO of $JPM, has said “I don't like how Trump said things, but he wasn't wrong about those critical issues"

Jamie Dimon, CEO of $JPM, has said “I don't like how Trump said things, but he wasn't wrong about those critical issues. That's why they're voting for him. People should be more respectful of our fellow citizens. I think this negative talk about MAGA will hurt Biden's campaign."


Dimon, who has had clashes with Trump before and identified himself as "barely a Democrat," expressed his view that Trump supporters are being unfairly scapegoated. He criticized Democrats for using the "MAGA" label to paint Trump supporters with a broad brush instead of addressing their underlying concerns.

Dimon acknowledged that Trump's appeal isn't solely based on family values but suggested that some of the former president's stances were valid. He pointed out that Trump had valid points regarding NATO, immigration, and economic growth. He also acknowledged Trump's criticisms of China, though he disapproved of the way Trump talked about Mexico during his 2015 candidacy announcement.

While Dimon acknowledged Trump's shortcomings, he emphasized that the former president wasn't entirely wrong on critical issues, which resonates with his supporters.

Despite Trump's critics arguing that his policies failed to address fundamental issues like inequality and illegal immigration, Dimon urged a more respectful approach toward Trump supporters. He called for understanding their perspective rather than dismissing them, citing past instances where Democrats made derogatory comments about certain voters.

Dimon's comments are noteworthy not only because of his influential position as the CEO of JPMorgan but also due to his history of clashes with Trump. He previously criticized Trump's understanding of the debt ceiling and supported Nikki Haley, a Trump presidential rival.

On Wednesday, Dimon encouraged critics to show more respect to fellow citizens who support Trump and to engage in constructive dialogue instead of resorting to negative rhetoric. He expressed concern that such negative talk about "MAGA" could adversely impact Biden's election campaign.

Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.