The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.

JPMorgan CEO Jamie Dimon isn't sugarcoating ithe's worried. In a candid conversation at the bank's Global China Summit in Shanghai, Dimon said he can't rule out a stagflation scen

JPMorgan Chase CEO Jamie Dimon cautioned about the US tariff policy. He highlighted potential economic damage. Dimon noted rising tariffs and inflated asset prices. He also mentioned tougher borrowing conditions for businesses.

It boasts a market capitalisation of $730bn, or 30% of the total among America’s big banks, up from 12% when Mr Dimon took charge at the start of 2006 (see chart 1). The gap with competitors has grown larger still since the covid-19 pandemic.

Americans might feel anxious about inflation and tariffs, but according to JPMorgan Chase (JPM) CEO Jamie Dimon, Wall Street hasn’t even begun to worry enough — and that, he says, is a big mistake.

Government bonds aren't the "shock absorbers" investors can rely on in times of volatility, KKR said, while Jamie Dimon this week warned of dangers in credit.

JPMorgan Chase CEO Jamie Dimon warned Monday about the risks of record U.S. deficits, tariffs and international tensions. Dimon, the chairman of the biggest U.S. bank by assets, said stock markets aren't properly representing the possibility of higher inflation and even stagflation.

JPMorgan Chase & Co. will put its potential future leaders on display Monday at its annual investor day in Manhattan, offering shareholders a closer look at who might succeed Jamie Dimon as the bank continues its record-breaking profit streak.