JPMorgan CEO Jamie Dimon declares investors are downplaying global threats and will not buy stocks or long‑term bonds at current prices.

He warns market ratings remain inflated despite strong bank earnings.

The bank also confronts risk of removing its £3 billion UK investment if the UK government proceeds with a suggested bank tax.

Dimon has repeated concerns over policy making tensions and reduced investment activity in risk markets.

The warnings come as JPMorgan’s latest financial report shows profitability.