Jamie Dimon Just Issued a 9-Word Warning to Stock Investors. Here's What History Says Comes Next.
The market could be more precarious than it seems at first glance.
Overview
Jamie Dimon oversees the largest bank in the U.S., serving as CEO and Chairman of JPMorgan Chase for the last 20 years. That gives him a front row seat to the financial markets, and he's never been shy about sharing what he sees with the investment community at large. When he has something to say, it's worth paying attention to.
Dimon recently shared some insights about the current market environment that should give investors pause. With valuations for the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) stretched, Dimon shared a warning that the market is in a precarious position.
Details
These nine words explain the added risk in today's stock market.
Source
Originally published at www.fool.com.