JPMorgan Chase CEO Jamie Dimon says he would not buy stocks or U.S. Treasuries at current prices, warning that market risks are probably bigger than other people think. In a CNBC interview, Dimon pointed to growing geopolitical tensions including the U.S.-Iran conflict and the war in Ukraine, and cautioned that what is not baked into markets is what actually happens. He also reiterated his view that a bond crisis is coming, driven by rising government deficits and higher energy costs that could stoke inflation. While Dimon acknowledged that massive AI spending may eventually pay off like the internet did, he stressed that the payoff timeline and magnitude will likely differ from expectations.
JPMorgan Chase & CoCEO Jamie Dimon says he would not buy JPMorgan stock at current prices, warning of market risks and a potential bond crisis.