JPMorgan CEO Jamie Dimon lays out the market's worst-case scenario — and outlines 7 differences from the latest financial crisis
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- JPMorgan CEO Jamie Dimon's annual letter to shareholders was just published.
- Dimon is keenly focused on one market headwind that is being overlooked, and it features prevalently in his worst-case scenario for markets.
As fears of a global trade war capture the attention of investors, JPMorgan CEO Jamie Dimon is turning a watchful eye to something that has been largely swept under the rug: the Federal Reserve's unprecedented monetary tightening and the impact it could have on markets.
In his annual letter to shareholders, released early Thursday, Dimon struck a highly cautionary tone when discussing the big decisions facing the Fed. And in doing so, he laid out a worst-case scenario of sorts — one that would involve the market forcing the central bank's hand and pushing it to drastic measures.See the rest of the story at Business Insider
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