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Volatility Is Here to Stay — JPMorgan Chase CEO Jamie Dimon

In his annual letter to shareholders on Wednesday, JPMorgan Chase (JPM - Get Report) CEO Jamie Dimon said investors should get used to volatile markets.

"Lower liquidity and higher volatility are probably here to stay, and everyone will just have to learn to live with them," he wrote.

The first quarter of 2016 was the worst start to a new year for stocks ever, though the markets soon rebounded towards the end of the quarter.

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"With the S&P 500's 10% drop and 13% rally off the lows, first quarter saw the...