JPMorgan CEO Warns ‘Most Dangerous Time’ in Decades Is Here

JPMorgan Chase CEO Jamie Dimon has warned that a confluence of factors—including the Israel-Hamas war—has ushered in the “most dangerous time” in decades.
JPMorgan CEO Warns ‘Most Dangerous Time’ in Decades Is Here
JPMorgan Chase CEO Jamie Dimon in Washington, on April 9, 2019. Jeenah Moon/Reuters
Tom Ozimek
Updated:
0:00

JPMorgan Chase CEO Jamie Dimon has sounded the alarm that U.S. consumers are running down their excess cash buffers and that inflation could stay stuck in high gear due in part to high government spending, while issuing an ominous warning that the “most dangerous time” that the world has seen in decades has arrived.

Mr. Dimon made the remarks while reporting JPMorgan’s third-quarter results, which showed America’s biggest bank by assets generating net income of $13.2 billion.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter
Related Topics