From the London Telegraph:
Is this 1929 all over again? Surely not. We are all far too clever, worldly-wise and conditioned by the disastrous consequences of this most famous of stock market crashes to let it happen again. It’s unthinkable. Or is it? When a banking titan as seasoned as Jamie Dimon, chief executive of JP Morgan Chase, openly expresses his concern, it’s time to sit up and take notice. Dimon said in an interview last week that he was far more worried than others about the possibility of a serious market correction.
There were a “lot of things out there” creating an atmosphere of uncertainty, he went on, citing geopolitical instability, unaffordable state spending and remilitarisation.