UBS chief strategist: Market is not in a ‘bubble’, but US debt poses the real risk Markets Despite narrow market leadership that mirrors the crashes of the 1970s and 1990s, the equity market is not currently in a ‘bubble,’ according to UBS Investment Bank Chief Strategist Bhanu Baweja. Speaking at Abu Dhabi Finance Week, Baweja addressed investor concerns that just nine companies in the Russell 3000 have driven 72 per cent of [...]
Nvidia’s golden quarter dares markets to call AI a bubble Tech Nvidia’s latest earnings blew straight through Wall Street expectations, delivering the kind of numbers that force investors to park away thoughts of an AI bubble. The notorious chip maker’s latest results, a blockbuster $57bn quarter that tore through Wall Street expectations, injected a jolt of confidence into rattled global markets, pulling the FTSE 100 and [...]
ETF Ponzi funds: How market bubbles are born every day Markets 'Ponzi funds' chasing a small number of stocks are inflating asset prices by as much as $500m every day, a new paper has revealed.