17 January 2024
JPMorgan Chase CEO Jamie Dimon expressed caution regarding the U.S. economy for 2024 and 2025 due to various financial and geopolitical risks, including the situation in Ukraine, terrorism in Israel and the Red Sea, and the impact of quantitative tightening by the Federal Reserve. Despite record profits at JPMorgan and a resilient U.S. economy buoyed by employment and savings, Dimon advised against complacency, citing the artificially stimulating effects of fiscal and monetary policies on the stock market.