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JPMorgan's strategy team also warned on Monday that the trillions in capital required for the AI boom will 'drain' every credit market. These corporate bonds c
by holysoles 11mo ago
JPMorgan's strategy team also warned on Monday that the trillions in capital required for the AI boom will 'drain' every credit market.
These corporate bonds combined with the rises in consumer debt (and defaults) doesn't seem to bode well. Everyone is borrowing..
- zerosizedweasle 11mo agoThis isn't far out in the future either, they're likely to run out of cash by November 2026 and they are on watch to be downgraded to junk bonds.