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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

Direct Indexing Channel

Nuveen Acquires Leading Custom Multi-Asset Direct Indexing Provider, Brooklyn Investment Group

The move underscores Nuveen's conviction in the continued growth of direct indexing and multi-asset tax-managed solutions, which have been one of the fastest growing areas of the asset management industry, having risen to $864 billion in assets at the end of 2024, representing a 43% compound annual growth rate since the start of this decade.

Portfolio Construction

China: From "Uninvestable" to Emerging Opportunity for Investors

Recent developments suggest a shift in sentiment as Wall Street begins to see renewed potential in the world’s second-largest economy.

Future of Wealth

Analysis: Oil, War and Tariffs Tear Up Markets' Central Bank Roadmap

Investor unease about uncertain environment is rising, Norway's shock rate cut highlight how U.S. tariffs, Middle East conflict and a shaky dollar.

Inflation Survival Advisor

Peter Schiff Predicts 'Worse Financial Crisis Than 2008' as Fed Holds Rates

Peter Schiff predicts 'worse financial crisis than 2008' as Fed holds rates: 'the solution involves much higher interest rates'.

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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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