AI spending worries and post-midterm policy shifts
Goldman flags large off-balance-sheet AI obligations and record capex intensity, while Democrats' midterm win brings Warren's credit card cap and permitting reform pushes.
What we know
Goldman counts $685B coming due by 2027; Bilello notes record capex ratios and value outperforming growth. Warren proposes a credit card rate cap, and Blue Dogs push permitting reform. October CPI is due Tuesday with cooler consensus.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.