Jamie Dimon Warns Of Potential ‘Market Panic’
Jamie Dimon Warns Of Potential 'Market Panic' – JPMorgan Chase CEO Jamie Dimon sees 'chance of market panic' – In annual letter to shareholders Dimon warns of increased inflation and interest rates – Concerned QE unwinding could cause chaos as 'markets will get more volatile' – Hard to look at the last 20 years in America “and not think that it has been getting increasingly worse.” – Positive about US economy over next year, but ignores record levels of world and government debt – Believes major buyers of US debt (e.g. China) could reduce their purchases of US government debt – [...]