Jamie Dimon warns stress will overtake marketplaces as U.S. strategies debt default

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JPMorgan Chase CEO Jamie Dimon mentioned Thursday that marketplaces will be gripped by stress as the U.S. strategies a possible default on its sovereign personal debt.
“The nearer you get to it, you will have stress” in the sort of inventory sector volatility and upheaval in Treasuries, he explained.
These types of an function would ripple via the economical environment, impacting “contracts, collateral, clearing homes,” Dimon said.

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