{"id":254981,"date":"2026-08-08T04:37:13","date_gmt":"2026-08-08T04:37:13","guid":{"rendered":"https:\/\/www.europesays.com\/ro\/254981\/"},"modified":"2026-08-08T04:37:13","modified_gmt":"2026-08-08T04:37:13","slug":"cel-mai-puternic-bancher-american-jamie-dimon-avertizeaza-cineva-va-perturba-piata","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ro\/254981\/","title":{"rendered":"Cel mai puternic bancher american, Jamie Dimon, avertizeaz\u0103: \u201dCineva va perturba pia\u021ba\u201d"},"content":{"rendered":"<p><a class=\"news__image\" data-href=\"https:\/\/s2.ziareromania.ro\/?mmid=0793756b253b0ac309\" data-size=\"958x500\" title=\"Cel mai puternic bancher american, Jamie Dimon, avertizeaz\u0103: \u201dCineva va perturba pia\u021ba\u201d\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ro\/wp-content\/uploads\/2026\/08\/Cel-mai-puternic-bancher-american--Jamie-Dimon--avertizeaz-------Cineva-va-perturba-pia--a---.jpg\" alt=\"Cel mai puternic bancher american, Jamie Dimon, avertizeaz\u0103: \u201dCineva va perturba pia\u021ba\u201d\" title=\"Cel mai puternic bancher american, Jamie Dimon, avertizeaz\u0103: \u201dCineva va perturba pia\u021ba\u201d\" class=\"img-responsive\"\/><\/a><\/p>\n<p>Jamie Dimon avertizeaz\u0103 c\u0103 cineva va perturba pia\u021ba bursier\u0103 FOTO: Hepta<\/p>\n<p>Directorul executiv al b\u0103ncii de investi\u021bii americane JPMorgan, Jamie Dimon, a avertizat c\u0103 gradul de \u00eendatorare pe pie\u021bele financiare r\u0103m\u00e2ne ridicat, ad\u0103ug\u00e2nd c\u0103 investitorii ar trebui s\u0103 fie aten\u021bi la faptul c\u0103 \u00eemprumuturile ascunse ar putea amplifica turbulen\u021bele de pe pia\u021b\u0103. Cel mai puternic bancher <a href=\"https:\/\/ziare.com\/razboi-ucraina\/serviciile-secrete-sua-revin-puternic-kiev-unda-verde-trump-schimba-cursul-2028389\" target=\"_blank\" rel=\"nofollow noopener\">american<\/a> spune c\u0103 \u201ecineva va perturba pia\u021ba\u201d.<\/p>\n<p>\u201eDatoria \u00een marj\u0103 este la cel mai mare nivel de p\u00e2n\u0103 acum\u201d, a declarat el \u00eentr-un interviu acordat lui Leslie Picker de la CNBC. Directorul executiv al JPMorgan din <a href=\"https:\/\/ziare.com\/vacanta-litoral\/familie-americana-petrecut-concediul-aceeasi-statiune-ocean-city-sua-2027399\" target=\"_blank\" rel=\"nofollow noopener\">Statele Unite<\/a>, Jamie Dimon, a spus c\u0103 \u201eexist\u0103 o mul\u021bime de <a href=\"https:\/\/ziare.com\/economie\/datorii\/\" title=\"datorii\" rel=\"nofollow noopener\" target=\"_blank\">datorii<\/a> \u00een marj\u0103 pe care nu le vezi pentru c\u0103 nu se numesc datorii \u00een marj\u0103. Se numesc altfel. Este vorba despre acest tip de efect de levier, uneori ascuns, alteori la vedere.\u201d<\/p>\n<p>El a f\u0103cut referire la \u00eemprumuturile prin intermediul caselor de brokeraj, fondurilor speculative, fondurilor tranzac\u021bionate la burs\u0103 \u0219i strategiilor de arbitraj ale Trezoreriei. \u201eLevierul pie\u021bei este destul de ridicat.\u201d<\/p>\n<p>Aceste observa\u021bii vin pe fondul unei noi examin\u0103ri a gradului de \u00eendatorare pe pie\u021bele financiare, deoarece evalu\u0103rile ridicate ale ac\u021biunilor, gradul de \u00eendatorare aproape record al fondurilor speculative \u0219i tranzac\u021biile mari cu obliga\u021biuni de trezorerie au alimentat \u00eengrijor\u0103rile c\u0103 s-ar putea acumula vulnerabilit\u0103\u021bi \u00een anumite p\u0103r\u021bi ale sistemului financiar.<\/p>\n<p>Dimon a spus c\u0103 un grad ridicat de \u00eendatorare cre\u0219te riscul ca un singur investitor sau fond s\u0103 declan\u0219eze o volatilitate mai larg\u0103. \u201eC\u00e2nd ai a\u0219a ceva, ai o \u0219ans\u0103 mai mare ca cineva s\u0103 perturbe pia\u021ba \u00eentr-un mod rapid, iar oamenii s\u0103 fie agita\u021bi din cauza asta.\u201d<\/p>\n<p>Fondul speculativ axat pe inteligen\u021b\u0103 artificial\u0103, Situational Awareness, a suferit recent pierderi mari dup\u0103 ce pariurile pe tehnologia cu efect de levier s-au \u00eentors \u00eempotriva sa, declan\u0219\u00e2nd apeluri \u00een marj\u0103 \u0219i for\u021b\u00e2ndu-l s\u0103 lichideze o mare parte din portofoliul s\u0103u de ac\u021biuni publice.<\/p>\n<p>\u201eAr putea fi o adev\u0103rat\u0103 pacoste\u201d<\/p>\n<p>\u00centrebat despre pr\u0103bu\u0219irea recent\u0103 a Situational Awareness, pentru care JPMorgan a fost unul dintre principalii brokeri, Dimon a spus c\u0103 episodul a demonstrat c\u0103 pie\u021bele pot absorbi e\u0219ecul s\u0103u f\u0103r\u0103 perturb\u0103ri mai ample.<\/p>\n<p>De asemenea, el a evitat s\u0103 descrie gradul ridicat de \u00eendatorare ca o amenin\u021bare sistemic\u0103, men\u021bion\u00e2nd c\u0103 pie\u021bele au fost, \u00een general, capabile s\u0103 absoarb\u0103 e\u0219ecuri izolate.<\/p>\n<p>\u201eNu voi spune c\u0103 este un nivel sistemic maxim, va provoca un dezastru, dar este ridicat\u201d, a spus el. Dimon a f\u0103cut o distinc\u021bie \u00eentre mediul actual \u0219i <a href=\"https:\/\/ziare.com\/economie\/criza\/\" title=\"criza\" rel=\"nofollow noopener\" target=\"_blank\">criza<\/a> financiar\u0103 din 2008, argument\u00e2nd c\u0103 efectul de levier \u00een sine nu provoac\u0103 neap\u0103rat stres sistemic.<\/p>\n<p>\u201eCel mai r\u0103u lucru este dac\u0103 ai pierderi reale pe pia\u021b\u0103\u201d, a spus el. \u201eNu a fost efectul de levier. A fost valoarea pierderilor care urmau s\u0103 fie realizate la creditele ipotecare.\u201d Directorul general al JPMorgan a subliniat c\u0103 b\u0103ncile vor continua s\u0103 ajusteze cerin\u021bele privind garan\u021biile ca r\u0103spuns la schimbarea condi\u021biilor pie\u021bei.<\/p>\n<p>\u201eC\u00e2nd volatilitatea cre\u0219te, casele de compensare \u0219i b\u0103ncile solicit\u0103, \u00een general, mai multe garan\u021bii\u201d, a spus el. \u201eA\u0219a c\u0103 probabil ve\u021bi vedea pu\u021bin din asta.\u201d<\/p>\n<p>Dimon a avertizat, de asemenea, c\u0103 cererea structural\u0103 de capital ar putea reaprinde presiunile infla\u021bioniste, indic\u00e2nd deficitele guvernamentale, investi\u021biile \u00een infrastructur\u0103 \u0219i re\u00eenarmarea global\u0103 ca for\u021be care sus\u021bin rate ale dob\u00e2nzilor pe termen lung mai mari.<\/p>\n<p>\u201eRemilitarizarea lumii ar avea un efect infla\u021bionist\u201d, a afirmat el, reiter\u00e2nd declara\u021bia pe care a f\u0103cut-o la \u00eenceputul acestui an, potrivit c\u0103reia aceste dinamici \u201ear putea fi o adev\u0103rat\u0103 pacoste\u201d, dac\u0103 \u00eei determin\u0103 pe investitori s\u0103 solicite o remunera\u021bie mai mare pentru de\u021binerea obliga\u021biunilor pe termen lung.<\/p>\n<p>\u021ai-a pl\u0103cut articolul?<\/p>\n<p> Vrem s\u0103 producem mai multe, \u00eens\u0103 avem nevoie de sus\u021binerea ta. Orice dona\u021bie conteaz\u0103 pentru jurnalismul independent <\/p>\n","protected":false},"excerpt":{"rendered":"Jamie Dimon avertizeaz\u0103 c\u0103 cineva va perturba pia\u021ba bursier\u0103 FOTO: Hepta Directorul executiv al b\u0103ncii de investi\u021bii americane&hellip;\n","protected":false},"author":2,"featured_media":254982,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[14],"tags":[97,14273,96,23497,8150,44666,20111,41,40,38,39,9224],"class_list":["post-254981","post","type-post","status-publish","format-standard","has-post-thumbnail","category-afaceri","tag-afaceri","tag-bursa-new-york","tag-business","tag-fonduri-investitii","tag-jamie-dimon","tag-jamie-dimon-jp-morgan","tag-jpmorgan","tag-ro","tag-romana","tag-romania","tag-romanian","tag-wall-street"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ro\/117058040567076063","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/posts\/254981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/comments?post=254981"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/posts\/254981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/media\/254982"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/media?parent=254981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/categories?post=254981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ro\/wp-json\/wp\/v2\/tags?post=254981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}