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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

US National Debt Now Tops $31 Trillion

According to a U.S. treasury report US national debt now tops $31 trillion for the first time ever — here's who the country owes.

News

You Can Bet Against Jim Cramer With a New ETF From the Fund That Shorts Cathie Wood

What started out as a meme has finally become reality: someone has invented the Inverse Cramer.

Events

Treasuries Liquidity Problem Exposes Fed to ‘Biggest Nightmare’

Latest bout of global financial volatility has heightened concerns about regulators’ continuing failure to resolve liquidity problems.

Portfolio Construction

OPEC+ Agrees Deep Oil Production Cuts, Biden Calls It Shortsighted

OPEC+ agreed steep oil production cuts on Wednesday, curbing supply in an already tight market, causing one of its biggest clashes with the West.

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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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