The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.

Jamie Dimon, CEO and chairman of JPMorgan Chase, sounded alarm bells about the dangers to our financial markets. He offered these reflections at the bank’s annual investor day confab in New York, illustrating the strains being faced by the top bank in the United States by assets.

We're not out of the economic woods yet. At least not according to JP Morgan JPM CEO Jamie Dimon, who spoke Monday at the bank's annual investors conference. The fear and trepidation that markets felt when President Donald Trump first unveiled his tariff plan has only been matched by the exuberance felt since the White House announced a 90-day pause on the tariffs.