JPMorgan Chase CEO Warns Stock Market Witnessing ‘Extraordinary Amount of Complacency’ Amid Abrupt Recovery

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JPMorgan chief executive Jamie Dimon says investors are turning a blind eye to the looming risks tariffs pose to the stock market and the economy. In a JPMorgan webcast posted by Bloomberg Television, Dimon says investors seem to be operating under a false sense of security following the S&P 500’s sharp 23% rebound over the past few weeks. According to Dimon, investors seem oblivious to the adverse effects of Trump’s tariffs, which he warns could reignite inflation, trigger stagflation and fuel ...