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

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.



Source

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