Mark Lennihan/AP
- Be ready for energy prices to spike and interest rates to climb higher, Jamie Dimon said.
- The JPMorgan CEO warns geopolitical threats like Russia's invasion of Ukraine are critical concerns.
- Carefree government spending was a "sugar high" for the economy that looks set to fade, Dimon says.
Be prepared for higher energy prices, steeper interest rates, and a potential economic hangover from a reduction in government spending, Jamie Dimon says. But Russia's invasion of Ukraine – and how it's reshaping global relations – is the number one threat to the world, according to the JPMorgan CEO.
"I think people should be prepared for higher oil and gas prices, higher rates," Dimon told CNBC-TV18 on Tuesday.