Itâs very political, but I guess thatâs the nature of the topic for today ...
â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â â June 6, 2023  |  [View Online]( |  [Sign Up]( The 20 Billion Dollar Man? âYou want a friend in Washington? Get a dog.â â Harry S. Truman Hedge fund billionaire Bill Ackman Tweeted this morning: Jamie Dimon is one of the worldâs most respected business leaders. Politically he is a centrist. He is pro-business and pro-free enterprise, but also supportive of well-designed social programs and rational tax policies that can help the less fortunate. He is extremely smart ⦠Mr. Ackman, though heâd likely eschew the pronoun, continues the list of accolades and concludes with resounding support: âJamie Dimon should run for President.â POWERED BY CRYPTO HEDGE FUND SUMMIT Why Some Hedge Funds Are Migrating To Crypto At Breakneck Speed In 2023 If you were unfortunate enough to miss the three boom periods of years past, the next 3-6 months could right the course of your financial future as the experts are pointing to 2023-2024 being the next boom cycle for crypto. These events will be explored, as 20+ of the world's top Hedge Fund Managers will discuss crypto's hottest opportunities at [The Crypto Hedge Fund Summit.]( [Click here for free registration now.]( CONTINUED... Itâs weird, right? Weâve been critics of the banking system since we began studying the Great Depression. The fact that Ackman would ever make the argument for a Dimon presidency seems, well, interesting to say the leastâand over Twitter no less! Jamie Dimon couldnât be more corrupt than either of the Trump or Biden families. Thatâs an actual statement, not satire. âMaybe,â our mind begins a twisted hope, âwe could rescue the country from the nutjobs who are only about social policy or their own political careers.â Who among us believes âtheyâ even want to run the country with sound principles? Jamie Dimon is not above reproach by any means. One response to Ackmanâs tweet was akin to calling Dimon a mafia don. In another puzzling chapter in a slew of stories that have headlined mainstream outlets since the banking crisis began in March, Dimon emerged as the economyâs ârescuer-in-chief.â Upon landing in Washington today after an overnight flight from China, reporters from Bloomberg and CNBC swarmed the JPMorgan CEO asking if heâd run for President. âNever say never,â he replied. As to what he thinks about Sino-American relations, he chided: âYouâre not going to fix these things if you are just sitting across the Pacific yelling at each other, so Iâm hoping we have real engagement.â Dimonâs newfound celebrity status is Buffet-esque; acting as consultant for centrist Democrats is an example of an increasingly centralized banking systemâor an increasingly financialized government? The new world banker is hyper-aware of risk management, regulation, oversight, and⦠that b.s. currency in Washington they call âclout.â The phrase itself is annoying. Skid. Letâs call it that⦠or something less attractive. We could even go so far as to claim Ackmanâs comment on Twitter is political discourse at its finest. Why donât we just elect someone whoâs shark enough to steal our money honestly? POWERED BY INVESTING DAILY Secret behind reclusive millionaire's 8-year win streak revealed Seven years. That's how long this reclusive millionaire has been using his secret trading strategy. And despite all the volatility and uncertainty of the last few years... he still hasn't closed a losing trade since July of 2016. I've cornered the man behind this secret and got him to reveal on camera exactly how he has done it. This is the can't-miss interview you need to see to believe. [Click HERE to watch it for yourself.]( CONTINUED... When we have $32 trillion in debt, mostly financed by foreign interests, it might be a good idea to have the guy who oversees a bank with transactions that rivals the worldâs top 5 GDPs in the seat behind the oval desk. I donât know what Dimonâs politics are. I actually donât care. But I definitely prefer banking to bullets⦠I prefer oil and gas to climate change mirages⦠I prefer contracts to back room deals. It would be a bad idea to attach any meaning to a tweet by some billionaire, right? Follow your own bliss, Addison Wiggin P.S. The JPMorgan event in China hosted Henry Kissinger, who famously opened the door to Sino-American talks in 1972 on behalf of our own deposed president, Richard Nixon. Kissinger turned 100 this week. How crazy is that? The Chinese even sang Happy Birthday in English to him. Who cares about any of these events? We might all want to if we want to keep our kids off the techno battlefield of the next war. Kissinger did his best 51 years ago. POWERED BY DEMISE OF THE DOLLAR The Daily Missive from The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. 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