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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

Washington Wire

A Look at Who Could Replace Powell as Fed Chair

There is now a short list of people who could succeed Jerome Powell as the next Federal Reserve chair, each with their own pros and cons.

Washington Wire

SEC to Study Private Investments in Retirement Accounts Over Next 12 Months

SEC is set to explore inclusion of private investments in retirement accounts, a potential regulatory shift that could reshape investment landscape.

Future of Wealth

Tariffs Alone Won't Reverse the Trend on U.S. Manufacturing Sector Decline

The U.S. manufacturing sector has faced a long-term decline, and efforts like import tariffs are unlikely to reverse the trend on their own.

Washington Wire

Fed's Collins: Not Enough Data By July To Decide On A Rate Cut

Boston Federal Reserve Bank President Susan Collins on Thursday signaled she feels July would be too soon to considering cutting 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

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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