Thursday, June 6, 2013

Dimon Sees ‘Scary’ World as Interest Rates Return to Normal

 “As we go back to normal, its going to be scary, and its going to be kind of volatile,” JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon said during a panel discussion at the Fortune Global Forum in Chengdu, China, reports Bloomberg.

Bottom line: A move back to "normal" is not going to be normal at all. Prepare for whipsaw activity in the markets.

No comments:

Post a Comment