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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He said that some companies are highly indebted, but deep-pocketed giants can be seen everywhere in the market, holding the relevant equity and debt; once a company falls into difficulty, these giants may seize the opportunity to step in and take over.
He added: "But I think it may not come to that."
"The market sometimes sees small pullbacks, but I do not think a full-scale sell-off will happen at all." news_keyword_pub,usstock, iframe below main text iframe below main text General statement General statement QR code at end start QR code at end start
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