JPMorgan's Jamie Dimon says markets underestimate risks, wouldn't buy stocks or Treasurys now
JPMorgan Chase CEO Jamie Dimon said financial markets are underestimating current geopolitical and economic risks. Dimon told an audience he personally would not buy stocks or US Treasurys at today's prices.
JPMorgan Chase CEO Jamie Dimon told a conference audience that financial markets are not adequately pricing in risks stemming from geopolitical tensions, inflation pressures and elevated asset valuations. Dimon noted that stock indexes remain near record highs even as uncertainty has grown.
The banker said he personally would not buy stocks or US Treasurys at today's prices. Dimon added that the ongoing conflict involving Iran and unresolved trade disputes were making the economic outlook harder to read.
Dimon's remarks come as investors closely track how tensions in the Middle East and shifting trade policy could ripple through markets. Analysts said comments from one of Wall Street's most closely watched executives tend to draw significant attention from market participants.
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