Fitch Says AI Bust Could Crash US Stocks 35%, Trigger Recession
Fitch says a severe AI bust could send U.S. stocks down 35%, trigger a recession and cut GDP as tech spending and confidence collapse.
A credit rating company is warning that if AI excitement suddenly disappears, stock prices could drop a lot and the economy could slow down. When you watch AI company stocks, notice if people's confidence seems to be fading or if spending plans are changing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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