JPMorgan CEO Jamie Dimon sounded the alarm on a series of risks looming over global markets.
"This may be the most dangerous time the world has seen in decades," Jamie Dimon said in a JPMorgan earnings press release.
Dimon also reiterated concerns of higher interest rates to come, having previously noted 7% levels as a real possibility.
Added to that is growing US debt, which has drawn increasing criticism for its potential to worsen interest rates and eventually lead to fallout, if left unchecked.
Despite Dimon's concerns, JPMorgan's reported strong third-quarter results, helped by higher interest rates and its acquisition of First Republic Bank earlier this year.
Persons:
Jamie Dimon, Dimon, —, JPMorgan's
Organizations:
Service, Bank, First Republic Bank
Locations:
Ukraine