JPMorgan CEO Jamie Dimon Issues Blunt Warning: “Credit Is a Bad Investment Right Now”
Inflation and geopolitical risks remain elevated, yet markets are still complacent in the view of JPMorgan CEO Jamie Dimon. He warned that “credit is a bad investment right now,” taking direct aim at market optimism. He also pointed to concrete, real-economy risk signals such as downward revisions to corporate earnings and declining investment banking revenues.