CNN’s Jon Sarlin explains why just looking at the stock market at a time of mass unemployment isn’t good enough.Those answer fit with those The Economist came up with two months ago. "Whose economy are they talking about," indeed.
CNN Business uploaded an interview with Jamie Dimon, who noted that "the stock market doesn’t reflect Americans’ pain" last month that examined that question from another angle.
JPMorgan Chase CEO Jamie Dimon tells CNN Business’ Christine Romans how he expects the US economic recovery to look as well as his plans for the New York Jobs CEO Council, which seeks to create more job opportunities for minority workers.The good news is that Dimon is saying the right things, as he appears to understand the problems and has solutions for them. The bad news is that he and other investors may be counting on another round of relief for the COVID-19 pandemic, but it hasn't happened yet. It's possible that the rush to fill Ruth Bader Ginsburg's Supreme Court seat might just suck up all the energy that could have gone to that until the election. Mitch McConnell's priorities in action. Sigh.