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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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JPMorgan CEO Dimon: The bond market will eventually show cracks.
Jin10 data reported on May 31 that JPMorgan CEO Jamie Dimon warned that after the U.S. government and The Federal Reserve (FED) have engaged in "massive over" spending and quantitative easing, the bond market "is bound to show cracks." Dimon said, "I just don't know if a crisis will happen in 6 months or 6 years; I hope we can change the trajectory of debt and the ability of market makers to make markets." "Unfortunately, we may need it to wake us up." Dimon has expressed concerns about global deficit spending multiple times in recent years. On Friday, when asked if the so-called "Bond Vigilantes" were making a comeback, he said, "Yes."