However, I know plenty of investment professionals whose views are closer to yours. To be fair, I'm uncertain. I've been out of the industry loop for some time now. Even if I was in the loop, I'd probably be just as uncertain. There's not a lot of clarity.

That said, as much as we disagree with Dimon ... he's an incredibly smart dude who's lasted on top through multiple generations of Wall Street. However, he's also been known to use his platform to gain an advantage in the markets. So there's that.