JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon said Europe is “currently on a bad path” and called for “one big, beautiful free trade agreement with all of Europe” in his annual shareholder letter published Monday.
The 48-page letter devoted its longest section to what Dimon titled “Critical Issues Facing America and the World.”
He argued America needs Europe to succeed, but said the continent requires sweeping economic and military reforms in exchange for any trade deal.
Dimon warned that global conflicts “should permanently dispel the illusion that the world is safe” and said no country has “a divine right to success.”
What The Markets Say
The eurozone economy grew 1.5% in 2025, up from 0.9% in 2024.
That sounds like progress until you compare it to the U.S., which grew 2.1% over the same period.
The gap …
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