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The Julia La Roche Show · Tuesday, September 8, 2026

Data Center Financing Concerns Echo 2006 Market Conditions

Larry McDonald notes that aggressive data center financing is making many billionaire investors increasingly uncomfortable about the potential payoff timeline. He suggests that this aggressive investment environment is nearing a point where it may slow down, possibly within the next few months.

personLarry McDonald

The tape

2 quotes
Like the data center financing has been really aggressive, right? And so if you do the dinners, you can see there, you know, a lot of billionaire investors are more and more and more uncomfortable with when the payoff is going to be on these, you know, trillions of dollars of investing.
So we're really coming toward a wall where at some point, the, uh, the crazy investing is going to is going to stop or slow down. And, uh, that's probably in the next couple of months.
Heard on The Julia La Roche Show — “#407 Larry McDonald: The Bond Market's Biggest Contrarian Trade, published Tuesday, September 8, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Data Center Financing Concerns Echo 2006 Market Conditions — Heardvine