US facing worst risks since WWII – JPMorgan bossGeopolitical tensions and political polarization at home threaten “America’s global leadership role,” Jamie Dimon has warned...
The US is facing grave risks in the wake of rising global geopolitical tensions and the nation’s domestic political polarization, Jamie Dimon, JPMorgan Chase chief executive, has warned.
In an annual shareholder letter on Monday the CEO of the largest US bank cited large amounts of government spending and efforts by the Federal Reserve to shrink its balance sheet, as well as the Ukraine conflict and the Israel-Hamas war, as creating an environment that “may very well be creating risks that could eclipse anything since World War II.”