Luke Gromen warns AI-linked income pressure could mean $1 trillion hit to US banks

Macro analyst Luke Gromen warns that AI-linked income pressure on Americans under 49 could translate into a $1 trillion hit to U.S. banks. His estimate assumes 10% losses on $10 trillion of consumer debt owed by that cohort, about 40% of industry equity capital.

Detected & updated continuously · Source: Nebula