JPMorgan CEO To Run For President?

Billionaire comes out as backer of Jamie Dimon presidential run ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Don't look now but the presidential race might be about to get one more candidate... One who can probably buy and sell all the others combined. Bill Ackman has urged JPMorgan Chase CEO Jamie Dimon to run for president. "We need an exemplary business, financial, and global leader to manage through what is likely to be a critically important decade for our country in determining our destiny," said the billionaire hedge-fun manager. "Jamie Dimon is that leader." Here's what's interesting. Dimon hasn't really said no. "I love my country, and maybe one day I'll serve my country in one capacity or another but I love what I do," he said recently. That's code for "convince me." He's even mused about his ability to run against Donald Trump. "I think I could beat Trump," he said in 2018. "I'm as tough as he is, I'm smarter than he is. I would be fine. He could punch me all he wants, it wouldn't work with me." Dimon used to identify as a Democrat but he's since hedged his bets somewhat. He called himself a "red-blooded, full-throated free enterprise capitalist." That could be music to some GOP donors. "Everyone knows I am a patriot," he's also said, a statement which is positively Trumpian. But let's not kid ourselves. A banker is hardly going to be able to marshal a populist movement, which is arguably the dominant force within the Republican Party. Still, if the Republican candidate goes down to defeat in 2024, it's not hard to imagine many GOP politicians calling for a change of course and a fresh face. And today, for better or worse, the candidate that can fund his own way has a major advantage. Keep Moving, OPEC+ Meets Sunday - Sources Say Supply Cuts Unlikely Despite a not-so-sunny economic outlook, the group behind 60% of the world's oil export market won't cut supply. This goes against what several members pledged back in April - but either way it shakes out, it is going to have an impact on the market. I talked about OPEC+'s role in the coming oil boom during [this interview]( a few months ago. I show more than a dozen trades that I believe are perfectly positioned to help you harness this shifting market. [WATCH HERE.]( WORD ON THE STREET House Passes Debt Deal - Wake Up Babe, New Vax Just Dropped - The FDA has approved Pfizer's vaccine for older Americans to prevent the respiratory disease RSV. It will compete with GlaxoSmithKline's own vaccine, Arexvy. - Russia Claims It Sunk Ukraine's Last Ship - The Yuri Olefirenko, a landing ship for the Ukrainian navy, has reportedly been sunk by the Russian military. While Ukraine has refused comment, Russia says it took out the ship with high-precision attacks. The ship had actually been captured by Russia during the seizure of Crimea, but was returned in April 2014 - Debt Agreement Clears House - It's pretty much certain that a default crisis has been averted. An agreement between Speaker of the House Kevin McCarthy (R-CA) and President Joe Biden to raise the federal debt limit passed the House easily on a 314-117 vote. - Time To Pay Up - The country may be about to dodge a default, but that doesn't mean everyone is a winner from the latest budget agreement. The moratorium on student-loan repayment will soon be lifted. About 45 million borrowers will now find themselves under the gun. HOT SPOTS: What's Going on in Geopolitics - TecnoKing Hailed As "Brother Ma" In China - Chinese social media, which is heavily influenced by the government, provided a rapturous reception for Tesla frontman Elon Musk as he visited China. He was called "Brother Ma" and a "global idol." Ironically, his own social media app, Twitter, is blocked in China. - Drones Target Russian Oil Refineries – Strikes on two oil refineries about 50 miles from the Black Sea export terminals show Ukraine's new willingness and ability to hit Russian supply lines. However, there is as yet no sign of the widely anticipated large-scale Ukrainian counterattack. - White House Claims Russia Shows "Zero Inclination" To End War - "The Russians have shown no inclination of being interested at all in a negotiated settlement," National Security Council spokesman John Kirby said during in a White House press conference. He complained that "Russia has continued to wage just a brutal, completely unprovoked war against Ukraine." CUTTING EDGE: What[']( Happening In Tech - Walkout Planned At Amazon - Amazon Employees for Climate Justice (AECJ) says that 1,800 employees at AMZN locations around the world, including 870 in Seattle, are planning a walkout. "The climate crisis is here now, and this is a real chance to stand together in solidarity to save every last slice of earth that we can," said the group. "By joining this walkout, you'll join a group of Amazon employees who are pushing Amazon to do better on climate and intersecting issues, and together we can make change at our company." We'll see if the group can back up its boasts. - AI Has Limits – C3.ai (AI) shareholders learned the AI revolution hasn't quite kicked off. The stock collapsed by more than 22% in after-hours trading after its revenue guidance was softer than experts predicted. The conservative estimate comes despite the company landing some recent contracts from the Department of Defense. - Amazon To Cough Up $30 Million For Two FTC Lawsuits - Two lawsuits from the FTC accusing Ring of violating user privacy will be settled for about $30 million. Alleged abuses include giving employees unrestricted video from customers' home security systems. At least one misconduct complaint was not taken seriously. The FTC also faulted Ring's allegedly lax policies for safeguarding user data [Photo from Ring]( used under CC-BY-SA 4.0 FOR YOUR CONSIDERATION --------------------------------------------------------------- "The next major catalyst for crypto will be Ripple’s lawsuit against the SEC."Bitcoin has posted its first monthly loss of 2023. Yet while the BTC rally is stagnating, the most important court case for crypto is nearing a conclusion. Mr. X provides your weekly crypto update. [BITCOIN AND XRP WILL HAVE DIFFERENT FATES]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. Sent to:{EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States