Scott

Yeah, have you changed anything in your strategy at JP Morgan since the tariffs? I think that's the other question we've been trying to address. We know that there is potentially a global shift on the table. We know that we should now be paying more attention to foreign markets. We know that the American exceptionalism trade is now at risk.

But I think the question we've been trying to figure out in this podcast is, do we make a shift today or do we kind of wait and see and see how things shake out? I'd just be interested to know, at J.P. Morgan, Where do you land on that question?

But I think the question we've been trying to figure out in this podcast is, do we make a shift today or do we kind of wait and see and see how things shake out? I'd just be interested to know, at J.P. Morgan, Where do you land on that question?

But I think the question we've been trying to figure out in this podcast is, do we make a shift today or do we kind of wait and see and see how things shake out? I'd just be interested to know, at J.P. Morgan, Where do you land on that question?

Stay with us.

Stay with us.

Stay with us.

We talk a lot about inequality on this podcast, and we just saw this report where the top 19 households in America now own 1.8% of all U.S. household wealth. Meanwhile, the bottom 50% own 3%, and that 1.8% number is up from around, I think it was 0.1% in 1980. In other words, this is an increasingly unequal society. The rich... The very rich are getting crazy rich.

We talk a lot about inequality on this podcast, and we just saw this report where the top 19 households in America now own 1.8% of all U.S. household wealth. Meanwhile, the bottom 50% own 3%, and that 1.8% number is up from around, I think it was 0.1% in 1980. In other words, this is an increasingly unequal society. The rich... The very rich are getting crazy rich.

We talk a lot about inequality on this podcast, and we just saw this report where the top 19 households in America now own 1.8% of all U.S. household wealth. Meanwhile, the bottom 50% own 3%, and that 1.8% number is up from around, I think it was 0.1% in 1980. In other words, this is an increasingly unequal society. The rich... The very rich are getting crazy rich.

The rest of America is sort of flatlining in terms of real wage growth. Where is this all headed? I look at it as a young person, and I think about it because we're talking about the deficits and we're talking about what's due for young people in America.

The rest of America is sort of flatlining in terms of real wage growth. Where is this all headed? I look at it as a young person, and I think about it because we're talking about the deficits and we're talking about what's due for young people in America.

The rest of America is sort of flatlining in terms of real wage growth. Where is this all headed? I look at it as a young person, and I think about it because we're talking about the deficits and we're talking about what's due for young people in America.

Does the level of wealth inequality as a wealth manager at one of the top financial institutions in the world, does the level of wealth inequality in America concern you? And if things continue at the current clip, Where is this all going?

Does the level of wealth inequality as a wealth manager at one of the top financial institutions in the world, does the level of wealth inequality in America concern you? And if things continue at the current clip, Where is this all going?

Does the level of wealth inequality as a wealth manager at one of the top financial institutions in the world, does the level of wealth inequality in America concern you? And if things continue at the current clip, Where is this all going?

Is it?

Is it?

Is it?

Final question for me, Michael. A lot of young people listen to this show. I'm sure many who are listening would love to know more about you and your success and your career, how to be like Michael Semblist. What would be your number one piece of advice to a young person listening to this podcast? It could be about career. It also could be about life. How do we become successful?