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Bob Elliott: In 2007, credit losses were evident to be in trillions

Bob Elliott: In 2007, credit losses were evident to be in trillions
Trillions in credit losses seen in 2007

Bob Elliott, co-founder and CIO of Unlimited, reflected that in summer 2007, it was apparent from mathematical assessments that credit losses would amount to trillions.

Elliott shared his observation with followers, highlighting the scale of anticipated losses during that period.

Elliott has previously cautioned that market optimism around artificial intelligence is largely based on expectations of rapid growth, while actual spending is stabilizing, as reported in recent analysis. He also identified a shift among major AI companies from parabolic to more moderate revenue expansion in an earlier note, detailed here. The insights reflect Elliott’s focus on aligning investor expectations with observable financial data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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