J.P. Morgan’s Dimon warns next crisis will bring even more volatility

It’s not a matter of ‘if’, but ‘when’… and here’s your latest confirmation.

 

LONDON (MarketWatch) — You ain’t seen nothing yet, when it comes to market wreckage from a financial crisis, according to J.P. Morgan boss Jamie Dimon.

In his annual letter to shareholders, the bank’s chief executive warned “there will be another crisis” — and the market reaction could be even more volatile, because regulations are now tougher.

Continue reading