Jamie Dimon's Annual Letter to JPMorgan Chase Shareholders

Jamie Dimon's annual letter to JPMorgan Chase shareholders highlights concerns about the economy being fueled by government spending, inflation risks, global uncertainty, and deep political divisions. He calls for industrial policy to be targeted, warns about deep political divisions at home, and expresses skepticism about proposed banking rules. Janet Yellen sees progress in China relations but cautions there's more work to do. The industry is ripe for consolidation, but challenges exist. A new white paper suggests that 70% of takeovers now succeed due to companies being smarter about M&A and having more practice.