How to Protect Your Portfolio From Jamie Dimon's "Skunk in a Party"
2026-03-09 11:35:00 ET
Jamie Dimon, CEO of America's largest bank, JPMorgan Chase (NYSE: JPM) , is worth listening to when he shares his concerns about risks to the economy. For the past few years, Dimon has been saying that geopolitical risk, such as Russia's invasion of Ukraine, is top of mind for him. Now that America is engaged in a new war in Iran, Dimon was asked what he thought might happen next for oil prices and inflation.
In a March 2 interview with CNBC, Dimon expressed optimism that if the Iran conflict is short, it would not lead to a long-term upsurge in inflation. But he warned that inflation is still a risk that investors are a little too complacent about right now. If inflation sticks around longer than investors expect, Dimon said, inflation could be like a "skunk in a party."
If you're worried about the Iran war or other inflation risks, here's an idea for how to invest.
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