and ceo jamie diamond offering a dose of assurance. saying, quote, even amid some global geopolitical uncertainty, the u.s. economy continues to grow inflation is moderate, financial markets are healthy. do you agree with jamie diamond that everything is awesome >> absolutely. we've been telling our clients for some time that the growth and global growth is made up of the usa and emerging markets jamie echos what's happening in the u.s. this takes off the fears, the rhetoric that everyone is talking about about inversions, recessions, and getting back to business of high quality companies delivering high quality earnings. >> you know what they liked more than the comments? the numbers. up 4.5%. >> the consumer bank at j.p. morgan saved the day that's where the growth is

do you agree with jamie diamond that everything is awesome >> absolutely. we've been telling our clients for some time that the growth and global growth is made up of the usa and emerging markets jamie echos what's happening in the u.s. this takes off the fears, the rhetoric that everyone is talking about about inversions, recessions, and getting back to business of high quality companies delivering high quality earnings. >> you know what they liked more than the comments? the numbers. up 4.5%. >> the consumer bank at j.p. morgan saved the day that's where the growth is trading wasn't great investment banking off to a slow start, no big deal in the meantime, consumer bank is on fire because consumer confidence is on fire and money is still cheap and now you have better, more favorable rates for home buyers, so that came back so you have the biggest consumer bank in america, or the second biggest, all good things when you think about -- this is my final trade yesterday, i've been begging people to buy the stock at 100 bucks a share for a long time. at a certa

the way jamie diamond ring themselves to death. and they themselves will perish and take their entire country down with down because they can't stop there's no editor in. mines are like goldfish in a bag of food just keep themselves. in russia's far east. correspondent came within touching distance of the north korean leader's brainless transport we were given the opportunity to come closer to his armored train. explain the arrest of a swedish program. with human rights activists say there's no evidence of a crime. grotesque how international human rights groups have.

tax burden but certainly the top one percent of the corporations we saw huge tax gains for them jamie diamond recently in their annual report mentioned that they had over three billion dollars thanks to the tax cut again no good deed goes unpunished so it was the corporate lobbyist that were lobbying for this for years it was bipartisan by part both democrats and republicans wanted to give this corporate tax cut and they got it and the argument to the ordinary person out there was that if we allow them to have more money they're going to hire more people they're going to invest in the company at things are going to be great buybacks have been single largest source of u.s. equity demand each year since two thousand and ten averaging four hundred twenty one billion dollars annually according to goldman sachs suggesting banning buybacks would have disastrous consequences for wall street average annual equity demand from households funds and foreign investors was less than ten billion dollars each so households are only investing ten billion in new funds into the stock market every year no second

the way jamie diamond ring themselves to death. and they themselves will perish and take their entire country down town because. they can't stop there's no editor and their minds are like goldfish in a bag of food that just keep themselves to death. facebook and google started with a great idea and great ideals unfortunately there was also a very dark side. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results on what they think you should be seen if they have this kind of power then democracy is an illusion the free and fair election doesn't exist for the more we give them the sooner we all. join me every thursday on the elec simon chill and i'll be speaking to guest of the world of politics small business

she was ready to school jpmorgan chase's jamie diamond on the hill. used a real job listing offering $16.50 an hour and asked a single mom how they can make ends meet on that salary. >> she had $2,245 a month. she and her daughter sleeping it n the same room. that apartment will be $1600. she pends $100 on utilities. she has net $725. she's like me. she drives a 2008 minivan and has gas. $400 for a car and expenses and gas. net, $325. a low cost food budget, that is ramen noodles, $400. that's $77 in the red. she has the cheapest cell phone she can get. she has after school child care because the bank is open during normal business hours. that takes her down to negative $567 per month. my question for you, mr. diamond, how should she manage this budget shortfall while working full time at your bank? >> i, i don't know that all your numbers are accurate. that's generally a starter job. >> she has a 6-year-old child and. >> you get those jobs out of high school and she may have my job some day. >> she may, but she is short $567 now. what would you sugge

burping and farting and puking just keep on eating in the right that's blackstone berkshire hathaway jamie diamond third floor getting themselves to bet on those who fail. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food they're just keep themselves to. facebook and google started with a great idea and great ideals unfortunately it was also a very dark so. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always be worth one dog food over another one can. paradigm shopping service over another and one candidate over another they can suppress certain types of results on what they think you should be seeing if they have this kind of power then democracy is an illusion the free and fair election doesn't exist the more we give them the sooner we are all. we could only be done. for the. simple as you did. to me

jamie diamond is here. breaking news on his optimistic view of the economy. he said growth should continue for the next couple of years. no recession. plus his reaction to testifying in front of the congresswoman maxine waters, house financial services committee and of course, his news on succession. j.p. morgan announced two major promotions this week. jennifer -- named chief financial officer while the outgoing cfo, has been named the new ceo of the consumer lending business. the most important business they are paired with lake considered by many as a possible successor for jamie dimon i asked about his plans for the future and white includes two women at the top. >> with you know lake is just an exceptional cfo. the brainpower, character, capabilities moving on to be the direct line for all -- and john was a co of credit card pay she's been there and become the new cfo and she has character and talent and brains and distrusted by people. it's a wonderful thing to move people around.it is fun for them, and the job for a while. that's why we did it. >> thes

berkshire hathaway jamie diamond through the floor getting themselves to bed. early. and they themselves perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food just keep the song. welcome back sri lankan police say a controlled explosion has been carried out on a suspicious scooter in a crowded area in the capital colombo it comes just days after the easter sunday bomb attacks in the country the death toll from which has now climbed to three hundred fifty nine schools of suspects have since been arrested well thought to save more details are now emerging on one of the suicide bombers partridge as the story. one of the suicide bombers has been named as abdul latif a gem ilmor hammett who has a connection with the u.k. . it's one of. the. most people coming back to settle into a suicide bomber most of them will. come from maybe middle of the little girl's head there according to sources mohammed visited southeast england in around two thousand and six to seven to study but did not

morgan chase puts a woman in contention of succeeding jamie diamond.'s already one of the most powerful women in banking, puts her in charge of card services, hoe home lending. diamond declined to comment on his success. he's 63 and has given no indication he plans to step down anytime soon. students will go back to school with heightened security. sol pais, the florida 18-year-old who is said to be infatuated with the columbine massacre was found dead yesterday. officials say she shot herself with a gun she bought when she arrived in colorado. >> the fbi is looking into a web site they believe is kekdconnec to her. we're not identifying it at cnn, it has handwritten journals, entries signed sol pais. the entries included crude drawings of firearms and knives and a person in a trench coat holding what appears to be a weapon. there will be heightened security for these students today around denver but they will be going back to school. we will be right back. i like to make my life easy. ( ♪ ) romo mode. (beep) (bang) good luck with that one. yes! that's

she didn't have any operational experience. >> jamie diamond and those other ceos were asked whether successor would be a woman, nobody raised their hand that was not a knock on marianne lake, it was a knock on the question who wants to say publicly who their successor will be. >>> coming up, we are on tv, folks, our squawk maker of the morning, doesn't always feel that way. >> cable with a ticker. >> steve schwarzman, look at him, the big guy, joining us to discuss the latest quarter, china, much more and some big breaking news in just a moment for people 50 and older colat average risk.ing honey have you seen my glasses? i've always had a knack for finding things... colon cancer, to be exact. and i find it noninvasively... no need for time off or special prep. it all starts here... you collect your sample, and cologuard uses the dna in your stool to find 92% of colon cancers. you can always count on me to know where to look. oh, i found them! i can do this test now! ask your doctor if cologuard is right for you. covered by medicare and most major insurers. your but as you get older

the way jamie diamond ring themselves to death. and they themselves perish and take their entire country down with sound because they can't stop there's no editor and their minds are like gold. fish in a bag of food dead just keep themselves to death. facebook and google started with a great idea and great ideals unfortunately it was also a very dark so. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results deiced on what they think you should be seeing if they have this kind of power then democracy is an illusion the free and fair election doesn't exist for the more growth we give them the sooner we are all pain. and the. enjoy luna arrives in russia's far east ahead of his first day of a summit with a lot

berkshire hathaway jamie diamond third floor getting themselves to death on the school failed. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food just keep themselves to. the united states relations with russia or iran have never been particularly cordial but under the presidency of donald trump both took a downward. spiral there have been sanctions attempts at isolation and a badge of evil from both moscow and to iran how are the two leveraging american. back to the program a un security council meeting on the crisis in eastern ukraine was held thursday here representative called the session in response to a new russian initiative that will make it easier for people in the war torn regions of donetsk and lugansk to obtain russian citizenship in the bullpen has the details now the fifteen member body that leads the united nations held a meeting to discuss the situations of the peoples of ukraine now there is widespread condemnation by the united states britain

berkshire hathaway jamie diamond launching themselves to those who fail. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food just keep themselves to. join me every. time i'm sure when i'll be speaking to the world of politics. i'm sure i'll see you then. there's an interim chairman king also be directly to tell us about his position. about him if he's in says kim jong un has asked him to clarify his position to washington more than two as a face to face talks between the two leaders. of a summit also to come the human rights groups condemn as a great test saudi arabia's beheading of thirty seven people mostly from the shia minority the body of one convict was even strung up in public following the largest mass execution in years also a un report claims government u.s. and international forces in afghanistan are responsible for more civilian deaths in the minutes been fighting to get reaction from locals there.

just fine anyway it's pure crim its critics it's a racket so they all sit there and you know like jamie diamond will go on the news and say i'm really worried about all these sort of a o c in this plan for a social socialism well tear down that wall and you don't have to worry right on ok we're going to tear down. we're going to come back go and stay right there. we could only be done for the rule book because men know. what it's all to do. so because you didn't sell something to me if you don't have to keep. playing well. they were among the group. to belittle the movie didn't you except your then he says a pool for folks like me the folks at the security. oh. no. pity you will psycho. wall enclosure will get a producer. into the pacific this is what i was stopped at the push and i was. welcome back to the kaiser report imax keyser time now to turn to rick ackerman of rick ackerman dot com rick it's been two years since we last heard from rick he's now living in florida welcome back thanks for inviting me on max it's been a an interesting couple of years right well we're going to have to get i

and farting and puking and just keep on eating and right that's blackstock berkshire hathaway jamie diamond working themselves to death on the school. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food just keep themselves. what politicians do. they put themselves on the line they get accepted or rejected. so when you want to be president i'm sure. you somehow want to be rich. if you're going to be cross it's like the full three of them all can't be good. i'm interested always in the waters about how. things should. we could only be dull sort of. sit through the. simple as you did all sounds simple but it is true me if you don't have to keep. playing well. then you among the group was. a movie you did before you accept your then he says and pulls with folks like me the wealth of the security just hold it where you go. oh. well sancho. closure we're going to produce a. month . to the pacific that this was what i was to stop that the pollution i was fulfill says. the united

the way jamie diamond themselves to death almost. and they themselves perish and take their entire country down with sound because they can't stop there's no. minds are like goldfish in a bag of food just keep themselves. eating should. keep us i live eat here yeah. we have many things in this world this isn't enough for everyone and why do some people take our things all the power just for themselves to see that humans. will. i was i think i. think. the. book. i. all right or watchers let's kick off the second half of our show to be able to get a new controversy out of the golan heights region of syria. i'm sorry i guess now would be israel golan heights region of israel according to the u.s. state department where the and the new controversy comes from the narrowly very narrowly reelected israeli prime minister benjamin netanyahu as he declared that in honor of u.s. president trump recognizing israel's sovereignty over the golan heights he will be naming a community there after him r.t. america correspondent dan cohn has more. isra

farting and puking and just keep on eating you need right that's blackstone berkshire hathaway jamie diamond they're exploring themselves to death on those who failed to leave. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor in their minds are like goldfish in a bag of food just keep themselves to death. after the previous stage of my career was over everyone wondered what i was going to do next the whole different groups on one hand it is logical to sort of go home fields where everything is familiar on the other i want to be neutral. and the fresh perspective i'm used to surprising. you. i'm going to talk about football not the or else in the sink i was going to the. by the way what is that that's like here. welcome back we're still with mahmoud ahmadinejad former president of iran in part one we spoke of u.k. involvement in the world's worst humanitarian crisis u.k. prime minister tourism a says that britain must sell weapons to saudi arabia to bomb civilians to keep britain safe from saudi linked terrorists but there

fine anyway it's pure crim it's critics it's a racket so they all sit there and you know like jamie diamond will go on the news and say i'm really worried about all these sort of a o c in this plan for a social socialism well tear down that wall and you don't have to worry right on ok we're going to tear down. we're going to come back go and stay right there. after the previous stage of my career was over everyone wondered what i was going to do next the ball different clubs on one hand it is logical to say the home fields where everything is familiar on the other i wanted a new challenge and the fresh perspective i'm used to surprising us all why not seriously. i'm going to talk about football not fee or else you can think i was going to go. by the way ways of the slide here. i've been saying the numbers mean something they matter to us with over one trillion dollars in debt more than ten white collar crime families each day. eighty five percent of global wealth he longs to be ultra rich eight point six percent immoral market most thirty percent some with four hundred to five hundred three

berkshire hathaway jamie diamond clergy themselves to death on the school failed. and they themselves will perish. and take their entire country down with sound because they can't stop there's no editor in their minds are like goldfish in a bag of food they're just keep themselves to death. facebook and google started with a great idea and great ideals unfortunately there was also a very dark side. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results diced on what they think you should be see if they have this kind of power then democracy is an illusion the free and fair election doesn't exist for the more growth we give them the sooner we are all hand . joined me every thursday on the alex salmond show and i'll be speaking to guest of the

of focusing just on stock prices and how many derivatives have been written in order to back jamie diamond's annual you know bonus so the stock market as a measuring stick one uses price earnings ratio right the price of a stock relative to the earnings that a company makes and that's a standard guide to determine if a company might be ahead of itself in terms of the price over earnings right because there's there's a thing called earnings and without that earnings number you cannot come up with a price number that makes any economic sense so what's been going on is that the central bank has been allowing. the fortune five hundred companies to take money from the bank at zero percent interest rate an unlimited quantity. trillions of dollars without any cost or interest rate to buy back their own stock thus reducing the number of earnings in terms of applied to the number of shares that make it. to hide the fact that there has been no earnings growth in fact earnings having been have been falling. so but the stock prices have been going up by buying gauging in price manipulation by engaging i

farting and puking and it's just keep on eating in the right that's blackstone berkshire hathaway jamie diamond third floor getting themselves to death of those who fail the cash and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food i just keep the sun down. broadcasting are around the world covering all aspects of business and finance and how it affects you this is the us i'm christi i fill in for bar in washington d.c. we're glad you're on board coming up oil prices are on the rise as a company ministration has target iranian oil with one simple goal. of cool. but to get countries to see supporting the regime. was the beverage granted exemption from our centers to seven countries to try war with this is always a partner to wean themselves off of a real world and to assure a well supplied world market. former pentagon official michael monk maloof and analyst david mack joins us to drill into what this movie not just for the global oil market but also what this means for the stat

there watching the news seeking some sort or edge that the reason why you're not as wealthy as jamie diamond or any of the other c.e.o.'s of these banks is that you're just not working hard enough and that you're just not clever enough and that they're particularly clever. or you could just look at the fact that it's not so clever it doesn't need great ingenue ity or innovation to just receive free cash and just pour it into the stock market they you know the fed has proven over and over that they will raise the price higher for you so if you have access to that then it's doesn't take a great deal of cleverness in what's being done with that with the tsunami of cash that's pouring in is the companies are engaged in buying back their own stock if they just had all this cash in the balance sheet it wouldn't be so great because they're not investing in expanding their businesses or corporations in any way so they would just have a low yielding cash on the balance sheet and that wouldn't be particularly. attractive as a as an investment as as a balance sheet edition but when you're buying back y

the way jamie diamond themselves to death. and they themselves perish and take their entire country down because they can't stop their. minds are like goldfish in a bag of food just keep themselves to. facebook and google started with a great idea and great ideals unfortunately there was also a very. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain types of results on what they think you should be see if they have this kind of power then democracy is an illusion the free and fair election doesn't exist the more we give. the sooner we're all. all right augers let's kick off the second half of our show today look at a new controversy out of the golan heights region of syria. i'm sorry i guess now would be israel gola

the way jamie diamond there in the morning themselves to death almost to say oh sorry. and they themselves will perish and take their entire country down with sound because they can't stop there's no editor and their minds are like goldfish in a bag of food i just keep the song. welcome back across the political parties with substantial support from community activists there is a move to learn lessons from scotland to tackle nice cry and month and let us return to the interview with katie mccaskill. well he cautions on expecting me to program let me tell you but in the will you have justice just in. you've got basically what's been happening in england no you've got screaming place headlines you've got tragedy after tragedy the number of fatalities from knives in school and i think reached a peak year it got stressed families coming to see you in the grief and demanding action you've got opposition politicians saying it'll jump this social work approach and get stuck in a prison sentence is not as to how to deal with that situation as a just the same well i think london

jp morgan ceo jamie diamond told investors the bank's profits were boosted from the big corporate taxuts. the revenue is expected to be flat at j.p. morgan chase in the first quarter and down at wells fargo. there will be questions for wells fargo now that tim sloan has stepped down, and concerns about how low interest rates will affect their businesses. we're going to get a peek under the hood, it will be a rare to climb for s&p 500 companies. what do they say about the rest of the year. >> job numbers are good, but you see growth slowing from high 2s to maybe low 2s or mid-2s. >>> another state requires you be at least 21 to buy tobacco products. the latest state in a growing trend, next. [♪] check your free credit scores at creditkarma. here's to progress. >>> 4:47 eastern time on a monday. we are hearing from the father of timmothy pitzen a boy who went missing in illinois nearly eight years ago. james pitzen telling nbc news, there may be an upside by a 23-year-old man who claimed to be his son. >> get his face back out there. he's alive somewhere. i know he is. you can't give up