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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

FundFocus

Vanguard's Latest Allocation Guidance Is Turning Heads

Vanguard’s latest asset allocation guidance for the next decade is turning heads — and not because it’s bullish.

News

Regulatory Red Flags: Finra Bars Former Merrill Lynch Broker Over Refusal to Cooperate

Former Merrill Lynch broker who was under investigation for alleged misconduct faces regulatory bar for refusing to cooperate with Finra’s requests.

Practice Management

Active Managers Face Mounting Difficulty Generating Alpha

Passive strategies continue to dominate, as new data from Morningstar underscores the mounting difficulty active managers face in generating alpha.

The Retirement Advisor

Trump Opens the Door for Private Equity and Crypto as 401(k) Retirement Plan Options

Millions of Americans saving for retirement in 401(k) accounts could put money in higher-risk private equity and crypto investments.

  • More Articles

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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