JP Morgan Chase (JPM) CEO Jamie - Damon (Jamie Dimon), said he expects more U.S. municipalities will go bankrupt, and strongly advocated in the total amount of 2.9 trillion municipal bond market is required to invest Cautious.
Dimon held yesterday in San Francisco Annual JPMorgan Healthcare Conference, said: "So far, 6 or 7 municipalities into bankruptcy. Unfortunately, I think that more municipalities will go bankrupt. "