JP MORGAN CHASE(US:JPM) Zhi Tong Cai Jing·2025-10-10 02:21Group 1 - Jamie Dimon, CEO of JPMorgan Chase, warns of a significant risk of a major correction in the U.S. stock market within the next 6 months to 2 years, citing increased uncertainty due to geopolitical tensions, fiscal spending policies, and global militarization trends [1] - Dimon emphasizes that the current level of uncertainty should be significantly higher than normal, particularly highlighting the overheating risk in the U.S. stock market [1] - While Dimon is optimistic about the potential of artificial intelligence (AI) as a genuine technological innovation, he cautions against the excessive hype and blind investment in the sector, suggesting that some of the funds flowing into AI may ultimately be wasted [1] Group 2 - Dimon refutes the notion that rising cryptocurrency and gold prices indicate a loss of confidence in the U.S. dollar and American economic leadership, stating that investors have merely increased their doubts, but the dollar remains the best global currency [2] - He advises investors to consider reducing their exposure to dollar-denominated assets, as their current portfolio may be overly concentrated in this area [2] - Dimon previously expressed cautious views on the U.S. economic outlook, highlighting the long-term impacts of tariff policies, immigration issues, geopolitical situations, and tax and spending policies under Trump, which remain uncertain [2]