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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.

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.

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.

Recent

Washington Wire

Bessent Says Fed ‘A Little Off,’ Flags Signal From Two-Year Rate

Treas. Sec. Bessent questioned Fed policymakers’ judgment on interest rates, reiterating two-year Treasury yields are signal benchmark rate too high.

Future of Wealth

Analysis: Six Questions Facing US Stock Investors as 2025's Second Half kicks Off

U.S. stock market completed a roller-coaster first half of the year at record-high levels but a host of factors could knock equities off their perch.

Crypto4Advisors

Palmer Luckey, Backed by Palantir's Lonsdale, to Launch Crypto-Focused Bank

Tech billionaire Joe Lonsdale said he is investing in a new crypto-focused U.S. bank being launched by Anduril co-founder Palmer Luckey .

Events

‘Irrational Exuberance’ Stock Gauge Sparks Fresh Bubble Worries

US stocks have snapped back from throes of April’s tariff selloff, the pipeline of new SPACs is rebounding and Cathie Wood’s flagship fund is on tear.

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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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