JPMorgan CEO Jamie Dimon created a stir across the globe Thursday when he told a forum in China markets will remain volatile because of extraordinarily low interest rates.
Speaking at the Fortune Global Forum in Chengdu, China, Dimon said, "It's a different world when central banks are managing interest rates.... Until it gets back to normal, it's going to be scary and volatile."
Stuart Varney, the host of FOX Business' "Varney & Co.," asked Money Morning Chief Investment Strategist Keith Fitz-Gerald and Wall Street analyst Meredith Whitney for their take on Dimon's comments.
Is Dimon right? Check out what Fitz-Gerald and Whitney had to say in the accompanying video.
Credit: Money Morning - Only the News You Can Profit From http://moneymorning.com/2013/06/06/is-jamie-dimons-scary-and-volatile-prediction-on-target/
