Billionaire CEO Jamie Dimon Just Delivered a Stark Warning to the Market. Here Are 3 Things Investors Should Do.

The market has been celebrating the tariff deal between the U.S. and China, and the S&P 500 (SNPINDEX: ^GSPC) continues to rise, up 5% since the announcement. But is it too fast, too soon? Tariffs are still elevated, even if they will no longer be 145% on Chinese goods, and the company results are starting to come in. Walmart said that it would need to raise some prices due to new tariffs, and Target lowered its full-year guidance.Investors got a stark warning from JPMorgan Chase CEO Jamie Dimon at its annual investor day this week about the state of the economy and how the market is reflecting it, or actually, not reflecting it. "It's an extraordinary amount of complacency," he said, noting that the market didn't seem to appreciate the full potential of how tariffs could impact company performance. He also pointed out that credit is still expensive, and it could be hard for many companies to get cheap financing.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool