TLDR:
JPMorgan CEO Jamie Dimon avoids long-dated Treasuries, citing structural fiscal deficits pushing yields higher. He expects the 10-year Treasury yield to hold between 4% and 4.5% even if inflation cools. Dimon prefers picking individual stocks over broad index investing at current market prices. He warns that global debt and geopolitical tensions raise risks across both bonds and equities. JPMorgan CEO Jamie Dimon said he would not inv…
Jamie Dimon, CEO of JPMorgan Chase, warns that investors are underestimating the risks to the global economy and that, at current valuations, he would ‘personally not’ invest in long-term US government bonds or broad stock indices.