JPMorgan CEO Jamie Dimon declares investors are misreading global risks and will avoid purchasing stocks or multi‑year bonds at current rates.

He warns market prices remain inflated despite strong bank profits.

The bank also encounters risk of removing its £3 billion UK capital if the UK government proceeds with a proposed bank levy.

Dimon has repeated concerns over policy making pressures and reduced buying activity in risk markets.

The cautions come as JPMorgan’s latest earnings report shows robust earnings.