Dimon may not be predicting a tsunami just yet. But a hurricane is bad enough, and certainly more damaging than a regular storm. Dimon said he is also worried about the conflict in Ukraine and the impact it will have on oil prices, predicting on Wednesday that it's in the cards for crude prices to eventually spike as high as $150 to $175 a barrel.
"Wars go bad. They go south. They have unintended consequences," he said, adding that this conflict will continue to roil the commodity markets around the world, impacting the prices of oil, gas and wheat.