AI Has A Hidden Debt Problem
Episode publishedPodcast: Prof G MarketsProf G Markets
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Money market's mad.
If money is evil, then that building is hell.
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Welcome to Prof G Markets. I'm Ed Elson. It is July 23. Let's check-in on yesterday's market vitals. The S and P five hundred and the Nasdaq declined. The Dow was flat. Brent crude climbed above $95 per barrel for the first time in nearly six weeks as both The US and Iran escalated their attacks. The yield on ten year treasuries increased. And finally, Google and Tesla shares fell after both companies reported earnings. We will get into those reports later. Okay. What else is happening? The big AI spenders are increasingly turning to debt, and a lot of it turns out to be hidden. A Nikkei Asia
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