Tin hats on, investors — and consider the cockroach stocks

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Financial Times 3d ago

Tin hats on, investors — and consider the cockroach stocks - Financial Times

Quick Summary:

Markets are struggling to predict where these will settle, but the sectors most affected — steel, cars and agriculture — are a relatively small part of global equity markets.

Chief executives of US tech giants, who committed to massive capital expenditure on AI, dismissed the risks, citing the Jevons paradox — even if the service becomes cheaper, demand will increase to compensate.

The early weeks of the Trump presidency gave already expensive US tech stocks a last hurrah — seen as a trade on Making America Great Again.