JPMorgan CEO Jamie Dimon just dropped a bold warning: the economy is “close to as good as it gets,” even as his bank crushes records with stellar Q2 earnings. But beneath the surface shine, he’s sounding the alarm on overlooked risks — from geopolitical chaos to a ballooning U.S. deficit — and even advises skipping long-term government bonds. Drawing from his pandemic-era caution, Dimon warns investors not to get too comfy, comparing today’s big bets to the dot-com boom’s misaligned winners. And on AI? He’s skeptical that early leaders like OpenAI will dominate forever — history says the first to leap aren’t always the last to stand. It’s a sharp, sobering message: celebrate the wins, but don’t sleepwalk into trouble.
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