According to TechFlow, JPMorgan Chase CEO Jamie Dimon warned during his visit to India that the worsening global geopolitical risks may determine the state of the economy. He mentioned the attacks of the Yemeni Houthi armed forces in the Red Sea and the conflict between Ukraine and Russia. Dimon believes that geopolitical instability is the biggest concern at present, exceeding the risk of high inflation or US recession.

Despite the Federal Reserve's recent rate cuts and the S&P 500 hitting new highs, Dimon expressed caution about the U.S. economy and market pricing. He expressed skepticism about optimistic expectations in the short term.

Regarding energy, Dimon pointed out that oil and gas prices are determined by supply and demand, and there may be a shortage of supply in the future. He supports the Fed's decision to cut interest rates, but is cautious about a soft landing of the economy.