Internet reports that JPMorgan Chase CEO Jamie Dimon warned people not to be complacent when faced with a range of risks, including inflation, credit spreads and geopolitics. Dimon said rising inflation and stagflation are more likely than people think, cautioning that asset prices in the United States are still high and saying credit spreads do not factor in the impact of a potential economic downturn. Even after Moody's Ratings stripped the U.S. of its last top credit rating on Friday, the S & P 500 erased its initial decline on Monday as traders appeared to look beyond the downgrade. "People feel good because they haven't seen the impact of tariffs yet," Dimon said. "The market fell 10%, and now it's up 10%; I think that's an extraordinary complacency." (Jin Shi)