Wall Street's Trump Miscalculation: The $5 Trillion Reality Check
• 2 min read
Wall Street's cozy relationship with Donald Trump imploded after his surprise tariff announcement wiped $5 trillion from markets. Financial elites are now grappling with diminished influence as Trump prioritizes his populist base over Wall Street interests.
JPMorgan CEO Jamie Dimon Sells $31.5M in Shares as Succession Plans Take Shape
• 1 min read
Jamie Dimon, JPMorgan Chase's long-serving CEO, has sold $31.5M worth of shares amid talks of leadership transition by 2026. The sale follows a larger $150M stock offload in February 2024, marking a shift from his historical pattern of long-term holding.