JP Morgan chief warns of ‘complacency’ as markets look past credit downgrade

Investors are showing signs of complacency following the US triple-A credit rating downgrade by Moody’s, as markets remain uncertain amid growing debt concerns. Jamie Dimon warned that central banks appear overconfident about managing the nation’s economic challenges. Meanwhile, political instability over Trump’s tax and spending plans adds to uncertainty, with bond yields and stock markets reflecting this risk.