Bloomberg Surveillance · Thursday, September 10, 2026
Libby Cantrell of PIMCO identifies the backlash against AI regulation as a more imminent market risk than the deficit, which she views as old news. She points to local municipalities revoking permits and tax incentives as evidence of this real and growing concern.
“So I would say the thing that's more of an imminent threat is this local backlash. And it is real. I mean, yes, it is a political talking point to some extent, but you are seeing a lot of local municipalities start revoking permits or starting to take back tax incentives and what have you.”
“So I feel like this is more real and more imminent, certainly, than the concerns.”