“I think the probabilities of something going south are more than other people think,” Dimon said.
JPMorgan Chief Jamie Dimon cautioned that there’s more optimism in the market than there should be given all the risks — such as conflict in the Middle East — that have cropped up.
“Right now, the economy is doing fine, asset prices are high,” Dimon said Monday in a Bloomberg Television interview at his company’s annual global leveraged-finance conference in Miami.
“I think there’s a little more exuberance than there should be, but we’ve had years of it.”
“I think the probabilities of something going south are more than other people think,” Dimon said. “I think inflation will cause the economic downturn.”
Boomberg 2 March 2026
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned that inflation could become a “skunk at a party” for the US economy.
“There’s some risk there’s more inflation than people think, and that could be like a skunk at a party if that ever happens,” Dimon said Monday in a CNBC interview at his firm’s annual leveraged finance conference in Miami. “Hopefully it doesn’t happen.”
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