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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.

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.

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.

Recent

Washington Wire

Coronavirus Has Finally Caught Up To The Stock Market, And Trump Is Reportedly ‘Furious’

Trump is “furious” about the market’s losses and has discouraged his staff from making any forecasts that might cause further damage.

Washington Wire

Warren Buffett says he would vote for Mike Bloomberg over Bernie Sanders, but doubts his endorsement would help the billionaire

"If given the choice I'd certainly vote for Mike Bloomberg as opposed to Sanders," Buffett added. 

Washington Wire

Main Street leans toward Sanders, but Wall Street says Trump

Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring.

Washington Wire

Roubini’s pre-election scenario: Iran sows chaos that ‘dooms’ Trump in the fall

A Middle East conflict, rather than the coronavirus outbreak, is the biggest risk to worldwide stability that may “doom” Trump’s reelection.

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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

Washington Wire

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

FundFocus

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

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