JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.
Your bond portfolio is facing a ‘termite’ infestation far worse than Jamie Dimon’s ‘cockroaches’
JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.
This article was originally published by
MarketWatch
and is republished here under license.
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