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Jamie Dimon says ‘watch out’ as lofty asset prices add to economic risks: ‘My anxiety is high’
JPMorgan Chase CEO Jamie Dimon said Monday that he was anxious over the U.S. economy, citing elevated asset prices and a competitive environment in banking that reminded him of the pre-2008 crisis years. Even as economists tout the Trump administration’s tax and deregulatory policies as boosting economic growth this year, Dimon said during an annual investor update that his own tendencies were to consider what could go wrong when expectations are riding high. “My own view is people are getting a little comfortable that this is real, these high asset prices and high volumes, and that we won’t have any ... (full story)
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