Fed Chair Kevin Warsh Just Issued a 6-Word Warning That Could Spell Disaster for AI Stocks
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The post Fed Chair Kevin Warsh Just Issued a 6-Word Warning That Could Spell Disaster for AI Stocks appeared first on 24/7 Wall St..
On October 28, Fed Chair Kevin Warsh summed up the AI market’s weak spot in six words: “Interest rates get in the cracks.” Then he added: “Interest rates affect directly or indirectly almost everything.” That includes the AI data center buildout, and a large share of it is paid for with borrowed money.
In the month ending November 6, C
On October 28, Fed Chair Kevin Warsh summed up the AI market’s weak spot in six words: “Interest rates get in the cracks.” Then he added: “Interest rates affect directly or indirectly almost everything.” That includes the AI data center buildout, and a large share of it is paid for with borrowed money.
In the month ending November 6, C
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