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US Politics

CEO Jaime Dimon's words on stocks, economy raises eyebrows

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Summary
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78% Informative

The S&P 500 delivered back-to-back gains above 20% in 2023 and 2024 , including a robust 24% return last year .

This year , sticky inflation, job woes, and an ongoing tussle over tariffs have created uncertainty that's taken the stock market on a roller coaster ride.

The Fed is tasked with a dual mandate to ensure low unemployment and inflation.

JP Morgan CEO Jaime Dimon worries that people are far too complacent about the risk facing the US economy.

Dimon thinks the credit market is far riskier than people realize.

He also thinks there could be a major reset in corporate earnings this year because of tariffs.