JPMorgan CEO Jamie Dimon says he would avoid long-dated Treasuries and major S&P 500 buys

In a July 21 interview with The Master Investor Podcast, Dimon said he would not currently buy long-term U.S. government bonds or make large stock purchases at current prices.

Summary

JPMorgan CEO Jamie Dimon said he would not currently invest in long-dated U.S. Treasuries or make major purchases of S&P 500 stocks at prevailing valuations. The comments came in a July 21 interview with The Master Investor Podcast and point to a cautious stance on both long-term government debt and the broader U.S. equity market at current price levels.

Terms & Concepts
  • long-dated U.S. Treasuries: U.S. government bonds with long maturities
  • S&P 500: Index tracking 500 large U.S. companies