Hassett Downplays AI Financing Concerns: No Large-Scale Sell-Off Expected
Hassett downplayed concerns about AI financing, saying that while the market may see a minor pullback, he does not believe at all that a wholesale sell-off will occur. He noted that some companies are heavily indebted, but cash-rich giants hold related equity and debt, and would step in if a company runs into trouble or seizes the opportunity to take over—though he added that it may not come to that.
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