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2008-like crisis ahead? JPMorgan launches new way to bet against debt of Microsoft, Meta, Google; what this means

Investor anxiety is rising as oil prices surge amid the US-Iran conflict, while JPMorgan Chase has launched new credit default swaps allowing bets against the debt of major tech giants including Alphabet, Amazon, Meta, Microsoft and Oracle. The move echoes concerns of a 2008-style crisis as AI-driven borrowing accelerates.

Source :- Markets-Economic Times Read More

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