Bigger crash ahead? JPMorgan CEO Dimon says he won't buy stocks at current prices, says markets underestim

JPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US Treasury bonds at current valuations. Dimon also cautioned that massive AI spending may not deliver returns as quickly as markets expect amid escalating Middle East tensions.

Jul 21, 2026 - 16:00
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Bigger crash ahead? JPMorgan CEO Dimon says he won't buy stocks at current prices, says markets underestim
JPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US Treasury bonds at current valuations. Dimon also cautioned that massive AI spending may not deliver returns as quickly as markets expect amid escalating Middle East tensions.

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