Ray Dalio’s interview with Fox’s Maria, June 2, 2025 Ray Dalio: Debt Crisis Issues Are Urgent “The US is going broke!,” says Ray Dalio. He further explains: “Here are the 3 things that happen: Think of the credit system of the Government like your own credit. Except for 2 different things: they can print money, […]
Summary of Ray Dalio’s Interview on Fox and his new book, “How Countries Go Broke” Read More »
JPMorgan Chase (JPM.N), opens new tab CEO Jamie Dimon said on Monday that the rising U.S. national debt is a “big deal” that could create a “tough time” for the bond market that causes spreads to widen, he told Fox Business’ “Mornings with Maria” program. The comments echo his earlier warnings about potential market turmoil, citing rising
JPMorgan CEO Jamie Dimon tells Fox Business US Debt Could Cause Bond Turmoil Read More »
Jamie Dimon said, “I want to point out the central banks 18 months ago were 100% dead wrong,” he added, “I would be quite cautious about what might happen next year….” The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions. The Fed’s record of predicting recessions
Nation’s Largest Commercial Banker Blasts World’s Largest Central Banker Read More »
A Fitch Ratings analyst on Tuesday warned the agency may be forced to cut the credit ratings of more than a dozen banks, including some major Wall Street lenders. Another one-notch downgrade of the industry’s score, to A+ from AA-, would force Fitch to reassess ratings on each of the more than 70 U.S. banks it
Fitch Warns Multiple US Banks Face Credit Downgrade: Report Read More »
Fitch Ratings’ decision to strip the U.S. of its triple-A credit rating last week was widely dismissed as meaningless This time, though, bond yields rose. That suggests Fitch’s action deserves our attention, not because it tells us anything new but because it joins the stack of evidence of how profoundly different, and risky, the nation’s fiscal situation
Why Fitch’s Downgrade Matters Read More »
