Wed, 08 Oct 2025

Wed, 08 Oct 2025 America's top banker sounds warning on US stock market fall

Dimon said he was "far more worried than others" about the potential for a stock market correction.

* Jamie Dimon, CEO of JP Morgan, warns that there's a higher risk of a serious stock market correction in the US than currently reflected in the market.
* He says he's "far more worried" about this possibility than others, and thinks it could happen within the next 6 months to 2 years.
* The risks include a potentially overheated stock market, geopolitical tensions, fiscal spending, and the remilitarization of the world.
* Dimon also warns that some AI companies' valuations are "stretched" and may be due for a sharp correction.
* He believes in central bank independence and thinks Jerome Powell will remain at the Federal Reserve despite Trump's attacks on him.
* Dimon notes that the US has become less reliable as a global partner, but thinks this may push Europe to take action on Nato and economic competitiveness.
* He expresses optimism about the UK government's attempts to boost innovation and cut regulation.
* He also shares insights into potential breakthroughs in trade negotiations between India and the US.
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