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Dimon Likens AI’s Transformational Impact to Steam Engine
Bloomberg Businessweek
Rise of Business Reinvestment and Market Dynamics
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The chapter explores how businesses are reinvesting post-conservatism, focusing on refinancing, debt management, and private equity financing. It analyzes the market terms, spreads, and liquidity, noting a favorable spread environment despite high interest rates. Discussions also include the impact of rate cuts on small businesses, the rise of private equity activities, and concerns about market volatility amid upcoming elections.
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