Jamie Dimon says Iran war makes Middle East peace prospects better in the long term

Key Points

JPMorgan Chase CEO Jamie Dimon said the Iran war is risky in the short run but could improve the odds of a lasting Middle East peace.
Dimon tied the peace calculus directly to economics, arguing that foreign direct investment flowing into the region will stall without stability.
Speaking with Palantir executive Mike Gallagher at a Washington, D.C., conference, Dimon said the regional attitude toward peace has fundamentally shifted from 20 years ago: “They all want it.”

Source

Finance

JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount

May 11, 2026

Key Points JPMorgan-led lenders cut FS KKR Capital’s credit facility by roughly $648 million, or 14%, while raising borrowing costs. FS KKR reported deepening losses and announced a $300 million support package from KKR for the troubled BDC days after the credit-line amendment. The fund, known by its ticker FSK, reported roughly $560 million in […]

Finance

Michael Burry is not a believer: ‘For any stocks going parabolic reduce positions almost entirely’

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Key Points Michael Burry said investors should “reject greed” as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher. “An easier way for most is to simply reduce exposure to stocks, to tech stocks in particular. For any stocks going parabolic reduce positions almost entirely,” Burry wrote. Source

Finance

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