JPMorgan Chase Dimon: Should expect volatile markets as Fed shrinks balance sheet

JPMorgan Chase CEO Jamie Dimon at the company earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term call says:

• You should expect volatile markets as the Fed shrinks balance sheet
• Rate of buybacks is going to be less than in 2021
• He doesn't expect the US to have a recession this year
• War in Ukraine will have unpredictable outcomes, huge cloud on the horizon
• Will not use liquidity Liquidity Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Read this Term now to buy longer-term securities to boost interest income, given chances of hits to regulatory capital

Dimon has been cautious on the economy in comments before the earnings. The quarterly earnings showed lower than expected earnings-per-share $2.63 vs $2.70, but higher than expected revenues. His comment on reluctance to on a long-term securities seems to suggest expectations for rates may be higher along with regulatory concerns given the slower economy.