JPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden market disruptions. While he dismissed comparisons with the 2008 financial crisis, Dimon cautioned that geopolitical tensions, fiscal deficits and rising military spending could fuel inflation and unsettle investors.

JPMorgan Chief Executive Officer Jamie Dimon warned that leverage across financial markets remains elevated, adding that investors should be mindful that hidden borrowing could…

Leverage has come under renewed scrutiny after recent market turmoil in South Korea and the Situational Awareness unwind.