Jamie Dimon claims hope ‘other surprises’ from choppy marketplaces just after U.K. pensions virtually imploded

Jamie Dimon claims hope ‘other surprises’ from choppy marketplaces just after U.K. pensions virtually imploded


Essential Points
  • JPMorgan Chase CEO Jamie Dimon claims buyers should expect much more blowups following a crash in U.K. govt bonds last month just about prompted the collapse of hundreds of that country’s pension cash.
  • “My knowledge in life has been when you have items like what we are going via currently, there are going to be other surprises,” Dimon told analysts on Friday.
  • Markets will continue on to be unstable so lengthy as the Federal Reserve is boosting costs and shrinking its massive harmony sheet, Dimon said.



Source

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