U.S. Markets on Edge: JPMorgan Chief Sounds Alarm Over Potential Downturn

JPMorgan Chase CEO Jamie Dimon cautioned investors that the U.S. stock market may face a significant correction within the next 6 to 24 months, estimating the odds at around 30%, well above the roughly 10% priced in by markets.

Dimon pointed to rising geopolitical uncertainty, aggressive fiscal spending, and global remilitarization as key catalysts for vulnerability, stressing that the market is more “overheated” than many believe.