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Jamie dimon, CEO of JPMorgan chase, leaves the US Capitol in the Committee of the De-Banking on Feb. 13, 2025.
Tom Williams | CQ-Roll Call, Inc. | Getty images
JPMorgan Chase CEO Jamie Dimon Monda that markets and central bankers underappreciate the risks eded by record US deficits, tariffs and International tensions.
Dimon, the Veteran CEO and Chairman of the biggest US Bank by assels, though. He said heieves @ Risks the risks of higher inflation and properly represed by Stock market values, which have staged a comeback from lows in april.
“We have HUGE DEFICITS; WE HAU WHAT I COURID ALMOST Complacent Central Banks,” Dimon said. “You none think they can manage. I don’t think they can be,” he said.
“My OWN View Is Creple Feel Pretty Good Becaause You Have Seen Effective Tariffs,” Dimon said. “The Market CAME Down 10%, [it’s] Back up 10%. That’s an extraordinary amount of complacency. “
Dimon’s Comments Follow Moory’s Rating Agency Downgrading The US credit rating on Friday Over Concerned to about the Government’s growing digrittur burden. Markets have be green whipsaawed over the paste few months over worrying that that President President Donald TrumpIt’s trade policies will raise inflation and slow the World’s Largest economy.
Dimon said, He believed Wall Street earnnings estimates for S & P 500 Companies, which has already declined in the first weeks of Trump’s trade in the Trade Lab, Will Fall Further by Pull or Lower Guidance Amid The Uncertainty.
In six months, those projections will fall to 0% earnings growth after starting the year at around 12%, Dimon said. If that were to happen, stocks prices will likely fall.
“I think of earnnings will come down, with that down, who come down,” Dimon said down to earnnings ratio tracked closely by by Stock Markalsts.
The odds of Stagflation“That is basically a recession with inflation,” arough the roughly double what the market surface, dimon is added.
Separately, one of duon’s Top Deputies said Corporate Clients of the Still in “Mat Comes to acquisitions and other discals.
Investment Bank Revenue is headed for a “mid-teens” percentage
On the Ever-Present Questions of Dimon’s Timeline to Hand over the CEO reins to one of the CEO reins, hi deputies, Dimon Guidance Last Yearwhensure he said he would likely RinNow for less anniversal year.
“IF IM TEE for four MARARS, and Maybe Two More” as Executive Chairman, Dimon said the Lar Lar Lar. “
Of all the executive presentations given Monday, consumer banking Chief Marianne Lake Speaking time at a longest speaker time at an one full hour. She is considerededed a top successor candidate, especially after-afteriversating Officer Jennifer Piepszak Said she would not be seeking the top JOB.