francine: as we go through the letter jamie dimon has written to shareholders, it starts with its own bank saying he is prepared, the bank is prepared for but not predicting a recession. they prefer to use capital to .row rather than buyback that seems a dig to some of their rivals. tom: we are seeing not only a statement that mr. diamond -- dimon suggesting that share buybacks have a place in finance. the american dream is alive but fraying for many. he must have a proper diagnosis of our problems. the issues are real and serious. the issues are all fixable but only if we set aside partisan politics. one of the joys of this letter as it is written in jamie dimon's voice, not a bunch of handlers. ceo's, your country needs you.