US EditionJPMorgan CEO Dimon Warns of US Stock Market Correction Risk, BBC Reports
Jamie Dimon cites AI-driven enthusiasm, geopolitical tensions, and inflation as key risks for a US stock market correction within two years, warning market optimism may be overstated.
- JP Morgan boss Jamie Dimon warned of a potential serious US stock market correction in the next six months to two years, saying he was "far more worried than others".
- Dimon announced an investment of about £350m in JP Morgan's campus in Bournemouth, as well as a £3.5m philanthropic investment in local non-profits.
- Dimon shared insights into a potential breakthrough in trade negotiations between India and the US, saying he wanted to "bring India closer" and believed a deal was close to reduce additional tariffs on India.
19 Articles
19 Articles
Partly due to a warning from top banker Jamie Dimon that investors are underestimating the risk of a sharp correction, US stock markets closed lower. The AEX also fell, partly due to the blow to Exor.
Boss of US's biggest bank 'worried' about stock market collapse
Enthusiasm about artificial intelligence has propelled markets to record highs this year. But the fierce ascent has also raised concerns about a bubble.AI has been the dominant theme in markets since 2022, when OpenAI first launched ChatGPT. Optimism has since spread among investors about a potential transformative AI boom, and enormous amounts of money have flowed into tech stocks. Valuations have risen to historically expensive levels.To some …
Jamie Dimon Issues Harsh Stock Market Warning – 5 of JPMorgan’s Safest Dividend Stocks
Jamie Dimon is one of the highest-profile bankers in the world. Like Warren Buffett, David Solomon, or other Wall Street titans, when he speaks, people listen. The JPMorgan CEO called the three-year bull market run unmistakable, while warning that asset prices currently sit high and credit spreads are unusually tight, a rough combination that signals overconfidence. Like others issuing warnings, Mr. Dimon puts a big 6-month to 2-year window for …
JPMorgan’s Jamie Dimon is ‘far more worried’ about potential stock market fall than most of Wall Street
The head of America's largest bank says he is "far more worried than others" about a big stock market correction, predicting that could come in the next six months to two years.
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