Jamie Dimon’s right: Goldilocks investors shouldn’t forget three bears
The JPMorgan CEO says strong sharemarkets have made their backers complacent about a series of risks, including stronger-for-longer households, geopolitics and the pressure on liquidity.
Less than a week after delivering the biggest annual profit in the history of US banking, you’d think JPMorgan Chase chief executive Jamie Dimon would feel bullish about the year ahead.
But Dimon senses complacency across financial markets that he doesn’t like the look of.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
