Daily Market Updates: Jamie Dimon warns leverage across markets remains elevated

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Jamie Dimon warns leverage across markets remains elevated

Dimon cautioned that hidden borrowing could magnify disruptions if a shock hits financial markets.

Reported · Written up by our desk · North America

CNBC Markets reports that JPMorgan chief executive Jamie Dimon warned that leverage across financial markets is still elevated.

He added that investors should be mindful that hidden borrowing could amplify the impact of a market disruption, suggesting that a destabilizing event could come from outside the system’s visible risk channels.

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Sources

CNBC MarketsJPMorgan's Jamie Dimon warns of high leverage: 'Somebody will disrupt the market'

CNBC WorldJPMorgan's Jamie Dimon warns of high leverage: 'Somebody will disrupt the market'

Global Markets

Jamie Dimon warns leverage across markets remains elevated

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