Overview
- At the Reagan National Economic Forum, Dimon warned that a “crack in the bond market” is imminent due to macroeconomic pressures and rising yields.
- He said JPMorgan Chase has fortified its balance sheet to withstand scenarios where interest rates climb to 5 percent.
- Dimon flagged escalating U.S. deficits as a major threat to fiscal stability and urged policymakers to implement corrective measures.
- He questioned the sustainability of the dollar’s reserve currency status if economic leadership continues to falter.
- Dimon asserted that JPMorgan is strategically positioned to capitalize on bond market dislocations without succumbing to panic.