Jamie Dimon warns of economic risks and cautions against using certain terms.

JPMorgan CEO Jamie Dimon warned that tighter financial conditions, particularly in the real estate sector, will increase the odds of a recession, but he advised against using the term "credit crunch." JPMorgan reported a 25% increase in overall revenue to $38.3 billion. The commercial real estate market could crash as higher interest rates make it harder for investors to refinance trillions in looming debt, with small and regional banks holding about 80% of the sector's outstanding debt. JPMorgan shares are up 9% over the last five days.