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![TheTranscript_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::923687530045759488.png) The Transcript [@TheTranscript_](/creator/twitter/TheTranscript_) on x 86.7K followers
Created: 2025-07-17 19:00:02 UTC

$JPM CEO: "So if you look at financial services, very often it's the new products that blow up. It takes a while — they haven't been through a cycle. You had that with equities way back in 1929, with options, with equity derivatives, with mortgages, even with Ginnie Mae."


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TheTranscript_ Avatar The Transcript @TheTranscript_ on x 86.7K followers Created: 2025-07-17 19:00:02 UTC

$JPM CEO: "So if you look at financial services, very often it's the new products that blow up. It takes a while — they haven't been through a cycle. You had that with equities way back in 1929, with options, with equity derivatives, with mortgages, even with Ginnie Mae."

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Related Topics jpm stocks $jpm jpmorgan chase stocks financial services stocks banks

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