JPMorgan's Dimon: He Wouldn't Buy Stocks or Treasurys at Current Prices

JPMorgan Chase CEO Jamie Dimon told CNBC on July 20, 2026 that he would not buy stocks or Treasurys at current prices, saying markets underestimate risks. He also cited limited upside for Treasury prices at current yield levels. The remarks from the head of the largest U.S. bank by assets escalate long-standing concerns about deficits and inflation he detailed in his 2025 shareholder letter.