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JPMorgan Chase
CEO Jamie Dimon said Monday that he was anxious over the U.S. economy, citing elevated asset prices and a competitive environment in banking that reminded him of the pre-2008 crisis years.
Even as economists tout the Trump administration’s tax and deregulatory policies as boosting economic growth this year, Dimon said that his own tendencies were to consider what could go wrong when expectations are riding high.
“My own view is people are getting a little comfortable that this is real, these high asset prices and high volumes, and that we won’t have any problems,” said Dimon, who was dressed in black and wore a brace on one of his hands.
