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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

Rising Government Debt Poses Greatest Risk to US Market Standing, Says BlackRock

Surging U.S. government debt may sap investor appetite for key U.S. assets like long-dated Treasuries and the dollar.

The Trust Advisor

Russian Oil Tycoon Accused of Cheating with Secret Second Family Faces Jail for Not Paying Legal Fees in Multi-Million Pound Divorce Fight

The wife of a Russian oil tycoon has demanded her husband go to jail after he allegedly failed to pay her legal fees.

The Trust Advisor

Why LGBTQ+ Couples Are Prioritizing Estate Planning Now: Expert Tips for Advisors

Marriage may offer privileges, but comprehensive estate planning provides security and power. For LGBTQ+ couples, proactive planning is critical.

The Trust Advisor

Congrats On The Wedding Jeff Bezos! Here's How Rich You'd Be If You'd Never Gotten Divorced Though :)

As you probably heard, Jeff Bezos and Lauren Sánchez got married on a private island called San Giorgio Maggiore, just off the coast of Venice, Italy.

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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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