What I Read this Week: The Everything Bubble

It's not just AI...

I’ve been writing a fair bit about the AI bubble over the last few months, but it’s kind of old news now. Pretty much everyone agrees we’re in a dot-com style bubble – the only question is when it will burst, how much money can be made until it does, and who will foot the bill when the crisis finally comes (spoiler alert: it’s not going to be the ones who got rich from the upswing).

But there’s a lot of other stuff going on in financial markets that suggests we’re reaching that late stage of the financial cycle when things start to go awry… I’ll be focusing this week’s WIRTW on what might go wrong.

Articles

Big investors scale back risky bond exposure after storming rally - the Financial Times