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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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Practice Management

Investors Rush to Pour Cash Into $7.4 Trillion US Money-Market Fund Industry

The rush of cash into the US money-market funds is showing few signs of slowing as it secured a record $7.4 trillion in assets.

Companies

Northern Trust Stock Surges on Reported Merger Talks With BNY

Northern Trust shares surged almost 6% in premarket trading Monday after Bank of New York Mellon reportedly approached smaller bank about merger.

News

U.S. Bombs Iran, Markets Shrug

So there it is. U.S. bombers have hit Iranian nuclear facilities and Tehran is threatening to interrupt oil shipping through the Straits of Hormuz, which would effectively cut off about a third of all petroleum supply.

News

Self-Proclaimed Social Media Finance Influencer, Pleaded Guilty to Orchestrating Ponzi Scheme

Tyler Bossetti, self-proclaimed social media finance influencer, pleaded guilty to orchestrating Ponzi scheme that defrauded investors of over $11Mn.

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Popular

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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