JPMorgan Chase CEO Jamie Dimon warned in an interview that the stock market could be in line for a significant correction within the next few years amid heightened uncertainty.
Dimon told the BBC that there is an elevated risk of a stock market correction in the next six months to two years, saying, "I am far more worried about that than others."
The leader of the largest bank in the U.S. said there are a "lot of things out there" contributing to an atmosphere of economic uncertainty with risk factors ranging from geopolitical tensions, fiscal spending and global remilitarization.
"All these things cause a lot of issues that we don't know how to answer," Dimon told the BBC. "So I say the level of uncertainty should be higher in most people's minds than what I would call n