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International Business Times
International Business Times
Business

JPMorgan CEO Jamie Dimon Said He Wouldn't Buy U.S. Equities Or Long-Term Treasuries Now. Wars And High Spending Are To Blame

Dimon JPMorgan
JPMorgan CEO said he wouldn't buy U.S. equities or treasuries at current prices as a result of current geopolitical and fiscal risks. (Credit: Getty Images)

JPMorgan CEO said he wouldn't buy U.S. equities or long-dated treasuries at current prices as a result of current geopolitical and fiscal risks.

In an interview with host Wilfred Frost, Dimon said markets are not fully taking into account the risks posed by the ongoing wars and high military spending despite government deficits.

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