The David Lin Report · Monday, June 29, 2026
JPMorgan CEO Jamie Dimon expressed concern over Europe's declining GDP relative to the US, attributing it to high taxes, excessive debt, and an anti-business environment. He highlighted the significant size and strength of the US stock market compared to European exchanges.
“It is hard to go to a CFR event these days where Europe doesn't get dumped on, I'm afraid.”
“The GDP of Europe has gone from 90% of America to 70%. And at the current and and our view is will probably continue to erode over time because high taxes.”
“Our stock exchange is worth I think 60 maybe 70 trillion today. Uh you know Deutsche three you know the Footsie at the UK four the French one three you know and and that is serious stuff”