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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.

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Commentaries

The Fear Is About More Than the Coronavirus

One way to think about Covid-19 is as a test of various systems around the world. Markets believe those systems are failing the test.

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A Morgan Stanley Manager Who Sold Before Rout Says He’s Buying

Slimmon, who makes buying and selling decisions for $5.3 billion in assets, decided the time was right in late January to trim his U.S. tech position.

Commentaries

PIMCO: China GDP Could Drop 6% From Here

Their view chimes with Goldman Sachs Group Inc. economists who said in a report Friday that global GDP will shrink in the first half of the year.

Commentaries

Ron Baron's $1.5 Trillion Tesla Target

Billionaire investor Ron Baron believes Tesla will be worth as much as $1.5 trillion by 2030 despite last week's 27% plunge. He's got a lot at stake

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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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