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2026-06-23 04:25:02 UTC

Fiat News 💵📰 on Nostr: On June 23, 2026 the CEO of JP Morgan said he was surprised by the strength of equity ...

On June 23, 2026 the CEO of JP Morgan said he was surprised by the strength of equity markets and warned that a "small tsunami" is bearing down on the global economy. He contrasted resilient stock performance with mounting economic and geopolitical headwinds.

The CEO noted that markets have endured a decade of shocks — the COVID-19 pandemic, the war in Ukraine, persistent inflation in advanced economies, rising U.S.–China tensions, and a recent escalation in the Middle East — yet equities have held up better than expected.

His comments underline the tension between market calm and underlying risks as policymakers and investors weigh potential impacts on growth and financial stability. #JPMorgan #markets #economy #FiatNews