The speaker expects debt markets to experience some indigestion while lenders assess project timeliness and whether revenue is reaching them.

“It's like, "Hey, I'm feeling full." And I think debt markets just are gonna go through a little bit of indigestion. They need to figure out, well, do I feel good? Do I feel great?”

“Hey, some of these projects that were promised, are they being built on time? Is the revenue flowing back to me? And I do think the credit and debt markets will ebb and flow, um, because there are just a thousand reasons why, you know, a project could get delayed, right?”