Collection of Quotes from week to 11th November 2016

posted in: Notes | 0

 

JPMorgan CEO Jamie Dimon in a memo to employees

There is deep frustration around that needs a listening ear

“We are going through a period of profound political and economic change around the world, and American citizens showed that deep desire for change in voting to elect Donald Trump as the 45th President of the United States. We have heard through democratic processes in both Europe and the United States the frustration that so many people have with the lack of economic opportunity and the challenges they face. We need to listen to those voices.”

A pledge for unity

“We have just been through one of the most contentious elections in memory, which can make it even harder to put our differences aside. But that makes it more important than ever to bind the wounds of our nation and to bring together Americans from all walks of life. Recognizing that our diversity is a core strength of our nation, we must all come together as fellow patriots to solve our most serious challenges.”

 

Starbucks CEO Howard Schultz in a letter to employees

He is stunned

“Last night, like so many of you, I watched the election returns with family and friends. And like so many of our fellow Americans – both Democrats and Republicans – I am stunned.”

The impact is yet to be known

“We cannot know what the precise impact will be on our country and the rest of the world. I am hopeful that we will overcome the vitriol and division of this unprecedented election season.”

 

Starbucks CEO Howard Schultz in a

We have heard through democratic processes in both Europe and the United States the frustration that so many people have with the lack of economic opportunity and the challenges they face. We need to listen to those voices.

 

Ewald Nowotny, ECB Governing Council member at the ECB conference

ECB at the ready

“We are definitely prepared to intervene in an emergency. What that will really look like, we must wait and see.”

 

Peter Praet, ECB’s chief economist at the ECB conference

Calmness Needed

“I think we have to be calm – calmer than the markets certainly. It’s too early to react to such events and we are closely monitoring the situation. I think all communication on monetary policy has not changed and will not change as a result.”