Despite stagnating wages and vast income inequality, JPMorgan Chase CEO Jamie Dimon said technological advancements in cars and cellphones mean the American people are doing okay financially, an out-of-touch sentiment.

The CEO of one of America’s most powerful financial companies said Sunday that CEOs have some attributes that would serve a president well, but running the country might be better left to a politician.

“So I wouldn’t be shocked to see 10-year Treasuries, when rates are going up, people change their mind, they change direction, that they will be violently volatile and go up much faster than people think”, Dimon said.

The kind of growth that Dimon means is the growth that perpetuated income inequality in the first place.

But Dimon added, “It’s not sufficient. I’m simply saying in the back of my mind, I think that’s a possibility”. I think it’s really complex – politics.

He said he has a lot of respect for how hard politicians’ jobs are.

Turning to trading revenue, Dimon says he expects Q3 results to be similar to that of other banks. Businessman Donald Trump has repeatedly said that when he donated to candidates in past elections he expected favors.

Rising income inequality has become a heated political topic in the U.S. Hedge fund managers are the target of Democrats and Republicans seeking the 2016 presidential nomination, and some Republicans in Congress have expressed openness to the idea of raising the tax rate on carried interest.

Dimon – whose net worth was estimated at about $US1.1 billion early this year – and his criticism of regulators and adversaries has made him a lightning rod for those decrying income inequality and the existence of too-big-to-fail banks.