Posted 10/13/2023, 2:25:00 PM
Dimon Warns of 'Most Dangerous Time in Decades' Due to Wars, Debt, and Uncertainty Around Fed Policy
- Dimon warns this may be the most dangerous time for the world in decades due to wars, soaring debt, and Fed policy
- He points to geopolitical turmoil from the Ukraine and Israeli conflicts impacting markets
- The Fed's quantitative tightening campaign has unclear consequences and is happening when regulators are tightening capital requirements
- Rising interest rates are a concern, with Dimon previously noting 7% as a possibility
- Growing US debt poses risks of worsening rates and fallout if left unchecked