Jamie Dimon is right to be optimistic

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on [Bloomberg]( This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. [In Jamie Dimon's America, the Stock Market Has Already Voted]( — Matthew Winkler Jamie Dimon was recently asked: “If you had to describe the US economy, how resilient is it?” His answer was unequivocal: [“Basically, it's booming.”]( It was the first time the chairman and chief executive officer of JPMorgan Chase & Co. uttered such a superlative since he became the head of the world's largest bank almost two decades ago. Dimon’s optimism on America is echoed by investors no matter where they are. JPMorgan is one of 17 US-based firms that make up the 20 most valuable companies in the world by stock market value, according to data compiled by Bloomberg. This was not always the case: Most of their superior valuations occurred during the past three years, a period when corporate America, led by Microsoft Corp., Apple Inc., Nvidia Corp. and Alphabet Inc., outperformed the rest of the world's publicly traded equities by a margin not seen since at least 1970, data compiled by Bloomberg show. All of this is another way of saying confidence in the US has never been higher, as reflected in the record 26% average premium investors are willing to pay for American stocks since 2021. Read the [whole thing]( for free. [Singapore’s Burnout Rate Shows the Price of Success]( — Karishma Vaswani [China Has 350 Warships. The US Has 290. That's a Problem.]( — James Stavridis [Apollo Had Some Death Bets]( — Matt Levine [‘Gringo Go Home’ Won’t Solve Mexico City’s Problems]( — Juan Pablo Spinetto [Lithuania Blazes a Trail Ukraine Can Follow]( — Adrian Wooldridge [Your Retirement Anxiety Can’t Be Cured Online]( — Erin Lowry [The Fed’s Quantitative Easing Program Cost Too Much]( — Bill Dudley [Putin Isn’t Scared of Ukraine’s $61 Billion Boost]( — Hal Brands [Fisker’s Flub Puts Trading Firm in the Driver’s Seat]( — Chris Bryant More From Bloomberg Opinion Here’s what we’ve been listening to and watching this week. - X Broadcast: Jonathan Levin and Allison Schrager break down the [latest jobs data](. - As [Gaza protests erupt across college campuses](, leaders in higher education are failing in crisis management, Beth Kowitt says. - McDonald’s cheeseburgers are the new marker of [economic inequality](. Nir Kaissar does the math for you. Follow Us Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](. Want to sponsor this newsletter? [Get in touch here](. You received this message because you are subscribed to Bloomberg's Opinion Today newsletter. If a friend forwarded you this message, [sign up here]( to get it in your inbox. [Unsubscribe]( [Bloomberg.com]( [Contact Us]( Bloomberg L.P. 731 Lexington Avenue, New York, NY 10022 [Ads Powered By Liveintent]( [Ad Choices](