Posted 4/8/2024, 11:30:53 AM
Dimon Warns of Economic and Geopolitical Risks Not Seen Since WWII
- Dimon warns of risks from inflation, political polarization, and global conflicts not seen since WWII
- He is concerned about continued high deficit spending and the need to remilitarize
- Less optimistic about a "soft landing" for the economy compared to market expectations
- Interest rates could potentially rise to 8% or higher
- Sees promise in AI applications, such as for marketing, fraud prevention, risk management, software development, and employee productivity
