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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

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.

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.

International Equities: Schafer Cullen’s Case for the Ongoing Opportunity

Schafer Cullen believes international equities still offer meaningful opportunities despite recent gains—from valuation gaps to currency tailwinds.

Recent

The Trust Advisor

Banker Wins Supreme Court Divorce Battle Over £80m He Gave Ex-Wife Before Split

Judges have issued their ruling on a bitter divorce battle over £80m retired sheep-farming tycoon and ex-CFO of UBS Clive Standish gave to his wife.

The Trust Advisor

Corona Heiress’ Family Office Prepares For $8 Billion Succession

Maria Asuncion Aramburuzabala was thrown into crisis three decades ago when her father died before finalizing plans to pass his fortune.

The Trust Advisor

Wimbledon Star Set To Inherit $4.8 Billion Shows Her True Character With Comments On Wealth

Emma Navarro is determined to shake off the 'billionaire heiress' label that has shadowed her throughout her tennis career.

The Trust Advisor

Even With The Megabill’s Higher $15 Million Estate-Tax Exemption, Estate Planners Won’t Be Out Of Jobs

The new omnibus budget bill sets the federal estate-tax exemption at $15 million for the next year and provides for the threshold to remain high.

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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

FundFocus

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

Washington Wire

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

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