Dimon Says Exuberant Market Doesn’t Match ‘Fine’ Economy

WATCH: JPMorgan Chase Chief Executive Officer Jamie Dimon talks about the Iran war, AI adoption, credit cycles and inflation.Source: Bloomberg

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon cautioned that there’s more optimism in the market than there should be given all the risks — such as conflict in the Middle East — that have cropped up.

“Right now, the economy is doing fine, asset prices are high,” Dimon said Monday in a Bloomberg Television interview at his company’s annual global leveraged-finance conference in Miami. “I think there’s a little more exuberance than there should be, but we’ve had years of it.”