POPA Recon[CNBC] JPMorgan's Jamie Dimon warns of high leverage: "Someone is going to disrupt the markets
[CNBC] JPMorgan's Jamie Dimon warns of high leverage: "Someone is going to disrupt the markets • JPMorgan CEO Jamie Dimon said margin debt has reached record levels and warned that hidden borrowing could lead to wider market disruptions. He pointed out that leverage is very high in various financial products such as prime brokerage and hedge funds. • Dimon said excessive leverage increases the risk of a single investor triggering market-wide volatility. “The higher the leverage, the more likely it is that someone will disrupt the market in a quick way,” he said. • He noted that Situational Aw…
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