Jamie Dimon Privately Supports Kamala Harris. He Just Won’t Say So.

Published On Oct 22, 2024, 11:21 AM

Jamie Dimon, CEO of JPMorgan, is privately supporting Vice President Kamala Harris for president but has publicly refrained from endorsing anyone due to fears of political backlash, especially from former President Trump, whose policies he has recently praised. Despite negative views on Trump's election denial, Dimon has maintained silence to avoid potential repercussions in the politically charged environment.

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Stock Forecasts

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Negative

JPMorgan Chase's stock may experience volatility due to Dimon's cautious political stance as uncertainty around the U.S. election unfolds. The company’s exposure to economic shifts driven by electoral outcomes could impact investor sentiment, potentially leading to a negative reaction in the short term as political dynamics continue to evolve.

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