New York – JPMorgan CEO Jamie Dimon has once again issued a stark warning that rising U.S. debt could lead to tough times in the bond market. 💬 He stated that this has become a "major problem" that could increase credit spreads – affecting everyone, including small businesses and real estate. 🏦📊
"If people's confidence in the dollar decreases, it will shake the market," – Jamie Dimon
They have previously emphasized that the government's excessive spending can cause turbulence in the market. 📉
Dimon also mentioned that leveraged loans, high-yield debt, and small business loans will all be impacted. 💼
⚠️ Caution is necessary – every movement in the bond market can have a profound impact on your wealth.
#MarketAlert #USDebtCrisis #globaleconomy #JPMorgan #FinanceUpdates