Jamie Dimon Just Dropped a Recession Warning Investors Can't Ignore

Khac Phu Nguyen

Thu, May 15, 2025, 12:46 PM 1 min read

Recession? Still successful play, according to Jamie Dimon. Speaking from Paris astatine JPMorgan's yearly Global Markets Conference, the bank's CEO didn't mince words: the fallout from Trump's tariff shocksstarting with his April 2 Liberation Day moveis inactive reverberating. Dimon said the volatility has kept trading volumes high, but it's besides forcing immoderate clients to deed intermission connected caller investments. Hopefully we'll debar it, helium said, referring to a recession, but I wouldn't instrumentality it disconnected the table.

Dimon has been 1 of the much measured voices connected commercialized risk, but adjacent he's admitting this latest circular of tariff brinkmanship is doing damage. While the impermanent tariff intermission betwixt the U.S. and China helps, it whitethorn not beryllium capable to offset the longer-term chill it's putting connected capitalist sentiment. Some overseas buyers, helium says, are softly backing disconnected American goodsand that could pb to a gradual pullback successful cross-border superior flows. Still, helium doesn't spot the U.S. arsenic uninvestable. If you were to instrumentality each your wealth and enactment it successful 1 country, Dimon added, it would inactive beryllium America.

That said, he's urging Washington to halt fanning the flames. Dimon wants Treasury Secretary Scott Bessent to instrumentality the pb successful hammering retired commercialized bid deals. He's besides hopeful that Europe and the U.K. tin mend fences post-Brexitsomething helium calls partially making up for the catastrophe that Brexit became. For now, JPMorgan's (NYSE:JPM) trading desks are making the astir of the volatility, raking successful grounds Q1 revenues. But Dimon made 1 happening clear: bully volatility doesn't past forever.

This nonfiction archetypal appeared connected GuruFocus.