JPMorgan's Jamie Dimon warns the world is on fire — and plenty of people are way too bullish
Jamie Dimon is deeply concerned about international relations — and worries investors are too optimistic about threats such as inflation, interest rates, and recession.
The JPMorgan CEO made his case in a dour shareholder letter published on Monday.
“We may be entering one of the most treacherous geopolitical eras since World War II,” Dimon said.
He pointed to the wars raging in Ukraine and the Middle East, the US and China butting heads over issues like trade, and a resurgence in terrorist attacks.
and also the fed reserve chairman said that he wont decrease interest rates before making sure that inflation is going down and wont go up .
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