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Jamie Dimon Warns $38 Trillion National Debt Is Going To ‘Bite’: ‘You Can’t Just Keep Borrowing Money Endlessly’

by The Wealth Advisor Contributor
JPMorgan Chase CEO Jamie Dimon: At some point, governments around the globe are going to have to examine their spending habits.

Featured

BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge

BlackRock Inc. pulled in $342 billion of total client cash in the fourth quarter, pushing the firm to a record $14 trillion of assets.

Goldman Sachs, Morgan Stanley Profits Soar As Wall Street Capitalizes On 2025 Deal Boom

Wall Street’s dealmaking boom didn’t slow at Goldman Sachs (GS) and Morgan Stanley (MS) in the fourth quarter.

Chip Stocks Jump As Nvidia Supplier TSMC Dismisses Bubble Fears: 'AI Is Real'

Chip stocks jumped on Thursday as Nvidia's (NVDA) chip manufacturer TSMC (TSM) gave financial forecasts that signaled strong demand for AI.

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Future of Wealth

Is it a currency? A commodity? Bitcoin has an identity crisis

The debate may appear abstract, with little bearing on the hard-boiled world of finance, but it is attracting interest from economists and lawyers.

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Visa And MasterCard To Take Big Hit From Continuing Coronavirus Spread

Venture capital investors are valuing fintech companies at astronomical levels, but the market slump could be a catalyst for lower valuations.

News

Morgan Stanley Vice Chairman Tom Nides Says He’s Backing Biden

“Most people who raise money in Democratic politics are going to coalesce around Biden if they haven’t already,” Nides said Monday.

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Here’s how billionaire investor Howard Marks is telling clients to ride out coronavirus volatility

"There is no logical argument for spending all your cash, given that we have no idea how negative future events will be."

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The Trust Advisor

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

FundFocus

Ned Davis Distills Political Angst Into ‘Big MAC’ Equity Trade

Washington Wire

Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

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