JPMorgan: Volatility Is "Probably Here To Stay"

This new environment presents challenges and opportunities JPMorgan CEO Jamie Dimon says he sees a new trend developing in financial markets: a shift toward higher volatility and lower liquidity. He says these challenges are “probably here to stay” in his 2015 letter to shareholders. “In the last year or two, we have seen extreme volatility in the U.S. Treasury market, the G10 foreign exchange markets and the U.S. equity markets, writes Dimon. “We have also seen more than normal volatility in global credit markets. These violent market swings are usually an indication of poor liquidity.” JPMorgan – Little Consensus on…