Jamie Dimon says geopolitical risks are surging: ‘Conditions are treacherous and getting worse’

Key Points

JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East and with Russia’s invasion of Ukraine showing no signs of abating.
“We have been closely monitoring the geopolitical situation for some time, and recent events show that conditions are treacherous and getting worse,” Dimon said Friday in the bank’s third-quarter earnings release.
Dimon also said that he remained wary about the future of the economy, despite signs that the Federal Reserve has engineered a soft landing.

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