Dimon then commented on credit markets, saying, "Investment-grade credit spread will be dead wrong too," adding, "It's just a matter of time."
His comments about the credit markets followed a Bloomberg interview last week in which he warned that higher interest rates and possibly stagflation could spark problems in the commercial real estate sector, leveraged firms, and private credit.
"If you have higher rates and — God forbid — stagflation, you will see stress in real estate and leveraged companies, and private credit," Dimon said last Thursday.
Dimon confirmed again, "We're not going to buy back stock now." He noted buybacks will come into play when the stock goes back down.
Dimon then commented on credit markets, saying, "Investment-grade credit spread will be dead wrong too," adding, "It's just a matter of time."
His comments about the credit markets followed a Bloomberg interview last week in which he warned that higher interest rates and possibly stagflation could spark problems in the commercial real estate sector, leveraged firms, and private credit.
"If you have higher rates and — God forbid — stagflation, you will see stress in real estate and leveraged companies, and private credit," Dimon said last Thursday.
Dimon confirmed again, "We're not going to buy back stock now." He noted buybacks will come into play when the stock goes back down.
その後、ダイモンは信用市場について「投資適格の信用スプレッドも完全に間違っているだろう」とコメントし、「それは時間の問題だ」と付け加えた。
信用市場に関する彼のコメントは、先週のブルームバーグのインタビューに続き、高金利とおそらくスタグフレーションが商業用不動産セクター、レバレッジ企業、民間信用に問題を引き起こす可能性があると警告しました。
「あなたがより高い金利と - 神が禁じる - スタグフレーションを持っているなら、あなたは不動産やレバレッジ企業、そして民間信用にストレスを見るでしょう」とディモンは先週の木曜日に言いました。
ダイモンは「今は株を買い戻すつもりはない」と再び確認した。彼は、株価が下落すると買い戻しが出てくると指摘しました。