Reported about 23 hours ago
JPMorgan Chase CEO Jamie Dimon cautions that investors are overly complacent, as the effects of recently imposed tariffs and other economic threats are yet to be fully realized. Speaking in Paris, he raised concerns about rising inflation and potential stagflation, highlighting that the transition to domestic production takes years. Dimon's comments come in light of recent changes in U.S. tariffs and a downgrade of America's debt rating by Moody's, indicating increasing credit risks for investors.
Source: YAHOO