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JPMorgan CEO Jamie Dimon cautions against economic optimism amid global risks

  • Dimon warns that assuming continued economic strength could be a "huge mistake" given risks like quantitative tightening, Ukraine war, and high government spending.
  • Dimon criticizes proposed stricter bank capital rules as potentially hindering growth.
  • Dimon expresses caution regarding US-China relations and China's slowing economy.
  • Dimon notes emerging strains in sectors like real estate and auto loans could worsen conditions in a future downturn.
  • Dimon says strong consumer spending has been aided by asset prices, wages, and pandemic savings, but these tailwinds may be temporary.
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