“The Crisis is Not Yet Over.” Economic Warnings, Disney’s Drama, & Google Goes Lean 04/04/23

JPMorgan Chase CEO Jamie Dimon delivers a direct warning in his annual letter: “The current crisis is not yet over.” Joe Kernen, Becky Quick, and Andrew Ross Sorkin digest Dimon’s commentary on the banking crisis, inflation, and energy with real estate mogul and Starwood Capital Chairman and CEO Barry Sternlicht. In a direct conversation spanning inflation, the Fed, and corporate real estate, Sternlicht warns, a recession is coming. At Disney, CEO Bob Iger has fired back at Florida Governor Ron DeSantis, and he has spoken directly to shareholders. BofA Securities analyst Jessica Reif Erlich unpacks all the storylines in the House of Mouse. Plus, Google is cutting costs–and paper–where it can. In this episode: Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY