JPMorgan Chase CEO Jamie Dimon has changed his tune on tariffs, saying Wednesday that they're a valuable economic tool. "They're an economic weapon, you know, depending how you use it why you use it,

JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.

JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a media report.

The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.

JPMorgan CEO Jamie Dimon sounded the alarm on stocks in an interview today at the World Economic Forum in Davos, Switzerland, saying that the market looks overvalued. "Asset prices are kind of inflated,