Leverage and the Looming Market Disruption Jamie Dimon's warning about elevated leverage in financial markets has sparked renewed concerns about market vulnerabilities.
The JPMorgan CEO's comments come as investors are grappling with near record hedge fund leverage, large Treasury basis trades, and soaring equity valuations.
At first glance, this might seem like déjà vu – a repeat of the pre 2008 warnings that preceded the global financial crisis.