Jamie Dimon claims current scenario like time before 2008 crisis, says 'People doing dumb things'

JPMorgan CEO Jamie Dimon warned that the current global scenario is similar to what happened in 2005-2007, ahead of 2008 financial crisis. "Rising tide lifting all boats, everyone making a lot of money...Sky was the limit," Dimon said, noting similarities between the two scenarios. "I don't know how long [it'll] be great...I see couple of people doing...dumb things," he added.