Dimon says bull market is like a 'little tsunami' that will stop

Macro
โดย Yahoo Finance·Read original
Summary · why it matters

JPMorgan Chase CEO Jamie Dimon warned that the current bull market resembles a 'little tsunami' that is hard to stop but will eventually end. Speaking at the Council on Foreign Relations, Dimon expressed surprise that markets have shrugged off geopolitical tensions, including the U.S. war with Iran that closed the Strait of Hormuz and spiked commodity prices, with the Nasdaq and S&P 500 up roughly 20% and 14% respectively in the second quarter of 2026. He believes the probability of something bad happening is higher than what is embedded in market prices, and that investors are underestimating the risk of persistent inflation. Dimon has previously drawn parallels to the pre-2008 financial crisis era, citing over $700 billion in AI-related spending and stretched stock valuations as sources of anxiety.

Impact on stocks 1

Digital Finance & Tokenization▲ · 1 stocks
© 2026 MarketDXNews