Dimon warns markets may be underpricing geopolitical and fiscal risks

TL;DR Summary
JPMorgan Chase CEO Jamie Dimon says investors are underestimating geopolitical and fiscal risks and he wouldn’t buy equities or long-dated Treasurys at current prices, citing wars, U.S.–China tensions, and rising deficits that could push rates higher, even as the economy shows resilience and AI spending prospects remain uncertain.
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