from24/7 Wall St.
4 days agoJamie Dimon Issues Harsh Stock Market Warning - 5 of JPMorgan's Safest Dividend Stocks
The JPMorgan CEO called the three-year bull market run unmistakable, while warning that asset prices currently sit high and credit spreads are unusually tight, a rough combination that signals overconfidence. Like others issuing warnings, Mr. Dimon puts a big 6-month to 2-year window for a market correction, which he thinks could be as big as 30%, citing profligate government spending, geopolitical issues, and rising global militarization.
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