The latest warnings from JPMorgan’s Jamie Dimon on geopolitical risks and tariffs have become par for the course.While he hasn’t quite achieved the stature of legendary investor Warren Buffett, as the head of America’s biggest bank people usually sit up and listen when Dimon makes predictions.

JPMorgan CEO Jamie Dimon said Monday he didn’t think the full impact of tariffs had passed through to the broader economy and warned that the stock market could slump as companies reckoned with the new costs for goods and supplies.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.