Financial markets show signs of strain as the AI trade starts to crack

Bond selloffs, sliding currencies and growing doubts over AI returns are testing investors who leaned on one optimistic bet For a long stretch, artificial intelligence was the one story that kept investors cheerful through wars, swelling government debt and trade fights. That story is now developing hairline fractures. Reuters reported from London on Nov 3 that global financial markets are straining under all three pressures at once. The AI trade, long the market’s emotional support animal, is no longer immune. The warning signs are scattered across the map. Japanese and French bonds have sold off, and emerging-market currencies have plunged.

Source: Crypto Briefing