Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.

Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.

JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.

Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.

This comes after JPMorgan reported a record 2024 financial result, with its net income rising 18% to $59 billion from the previous year's almost $50 billion