JPMorgan CEO Warns of High Market Leverage Amid Volatility Fears
JPMorgan Chase & Co. CEO Jamie Dimon has warned that market leverage is running high, including prime brokerage, hedge funds, exchange traded funds, and Treasury market arbitrage. In an interview on CNBC, Dimon stated that 'Market leverage is pretty high.'
Dimon's comments come as a cautionary note to investors, suggesting that high levels of market leverage can lead to market disruptions. He noted that when leverage is high, there is a greater chance that something will disrupt the market quickly and cause people to become rattled.