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-4.40742794104359E-05 -0.000872538178101894 5.5341388432637E-05 -0.000673706842415936 0.00153000712810341 0.00330291987130302 0.00388284460038708 0.00418109160391611
Stock impact report

JP Morgan CEO has stark message for investors on stocks [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
JPMorgan Chase ( JPM ) CEO Jamie Dimon does not sugarcoat things. At his bank's annual investor update on Monday, he delivered his sharpest economic warning in months, and Wall Street took notice. With stocks near all-time highs and bullish sentiment running hot, Dimon sees risks building beneath the surface. He told investors to "watch out." The man who steered JPMorgan through the 2008 financial crisis says the complacency he is seeing right now feels uncomfortably familiar. "My anxiety is high over it," Dimon said Monday. "I'm not assuaged by the fact that asset prices are high. In fact, I think that adds to the risk." Why Dimon says today feels like 2005 all over again Dimon drew direct parallels between today's market and the three years leading into the 2008 financial crisis. The current environment, he said, has the same fingerprints. "Everyone was making a lot of money, people were leveraging, the sky was the limit," he said at the event He added that some financial Show less Read more
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