JPMorgan Chase (JPM) CEO Jamie Dimon warned that he sees an “extraordinary amount of complacency” in markets after investors clawed back their “Liberation Day” losses, emphasizing that the risks of higher inflation and even stagflation are still higher than people think.
“The market came down 10%, back up 10%,” he said. “I think that’s an extraordinary amount of complacency.”
The boss of the nation’s largest bank discussed everything from President Trump’s tariffs and the state of the US economy to the future of the banking industry and his thoughts on crypto during JPMorgan’s annual Investor Day event in Manhattan.
David Hollerith | Yahoo Finance