Balanced News: Jamie Dimon says it’s a ‘huge mistake’ to think economy will boom with so many risks out there

JPMorgan Chase CEO Jamie Dimon has warned that it would be a “huge mistake” to believe that the US economy will continue to boom for years. While the economy is currently supported by healthy consumer balance sheets and rising wages, there are risks ahead, including central banks reining in liquidity programs, the Ukraine conflict, and excessive government spending. Dimon also expressed concerns about strains emerging in parts of the real estate and subprime auto lending sectors. He called for greater transparency from regulators and expressed caution over the uncertainties and dangers in the global market.