JPMorgan Chase CEO Dimon: The boom in private credit markets may have already peaked.

The largest bank in the United States is not very interested in acquiring companies in the hottest market on Wall Street. "The private credit market may have started to peak," J.P. Morgan CEO Jamie Dimon said during the second quarter earnings call on Tuesday. However, he didn't make a definitive statement, adding "maybe, I'm not sure." When an analyst asked if J.P. Morgan was interested in acquiring a private credit company, Dimon responded, "That is not a top priority for me right now, because we can do private credit ourselves. Of course, if the right opportunity comes along, we can consider it." When asked about what he meant by the "private credit market peaking," Dimon said that currently credit spreads are low, the industry is growing rapidly, and you have to pay a high premium to participate. "I'm not saying it won't continue to grow, but I will be slightly cautious, it depends on who the target is."