JPMorgan's Dimon Says Credit Is a Bad Risk
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JPMorgan's Dimon Says Credit Is a Bad Risk
Bloomberg
JPMorgan Chase CEO Jamie Dimon warns against complacency, citing risks such as inflation, credit spreads, and geopolitics. "Credit today is a bad risk," he said at the firm's investor day on Monday. "The people who haven't been through a major downturn are missing the point about what can happen in credit." Dimon also says the Trump administration tariffs are still "pretty extreme."
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