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'People are freaking out': Fox fumbles for upside to Trump 'crisis’
What happened
AlterNet reports that Fox Business host Stuart Varney and UBS managing director Jason Katz presented a Treasury-bond sell-off as a “generational opportunity” for investors wealthy enough to endure the economic strain. Katz acknowledged that the price was painful but said conditions were “not as bad” for high earners who could buy bonds and wait.
The segment also described corporate growth as heavily dependent on artificial intelligence. Varney said investors needed to see AI spending improve corporate earnings; Katz replied that they “have to” see it, and Varney conceded that…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.