Dimon Says Exuberant Market Doesn’t Match ‘Fine’ Economy (1)

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimoncautioned that there’s more optimism in the market than there should be given all the risks — such as conflict in the Middle East — that have cropped up.

“Right now, the economy is doing fine, asset prices are high,” Dimon said Monday in a Bloomberg Television interview at his company’s annual global leveraged-finance conference in Miami. “I think there’s a little more exuberance than there should be, but we’ve had years of it.”

His remarks come as tensions in the Middle East escalated after the US and Israel launched missile ...