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New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.
Persons: Jamie Dimon, , ” Dimon, , Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown,  Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, , United, United Kingdom
Carlyle says China is still cheaper than India on average
  + stars: | 2024-05-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarlyle says China is still cheaper than India on averageJason Thomas, head of global research and investment strategy at Carlyle, says "when you look at valuations, whether you're comparing that to the United States or comparing it to India, which of course is an alternative for many investors, it looks as though China is about 40% cheaper on average."
Persons: Carlyle, Jason Thomas Locations: China, India, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPeople are misplaying the AI revolution, says Carlyle's Jason ThomasJason Thomas, Carlyle Group head of global research, joins 'Squawk on the Street' to discuss Thomas' broad outlook for rates, why the economy could see higher rates for longer, and whether investors should reduce their exposure to equities.
Persons: Carlyle's Jason Thomas Jason Thomas, Carlyle, Thomas Organizations: Carlyle Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Fed's goal is to 'take away' pricing power, says investment firmJason Thomas of Carlyle says the way to do that is to "create fears of recession" even if it may not be the "real thing."
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