Jamie Dimon Warns of ‘Most Treacherous’ Time Ahead That Might Eclipse Anything Seen Since World War II
Published on April 9, 2024
JPMorgan CEO Jamie Dimon issued a stark warning about the U.S. economy, saying that the risks confronting Americans today may well be the worst since World War II, while cautioning of downside risks that may dash market expectations for an economic “soft landing.” Mr. Dimon made the remarks in his annual letter to shareholders, in which he said that investors may be overlooking risks as they navigate a complex and dangerous world. “We may be entering one of the most treacherous geopolitical eras since World War II,” Mr. Dimon wrote, warning that the impacts of major economic and geopolitical forces—from high levels and debt and fiscal stimulus, to the wars in Ukraine and the Middle East—could deliver nasty surprises to markets....