The next crash: why this time might not be different

As Chris Watling, chief executive at Longview Economics, noted in June, “a handful of AI-linked stocks accounts for roughly 40 per cent of the S&P 500’s market capitalisation, according to Bank of America data”. Thus, the current extraordinary valuations of the market depend on the continuation of the AI boom. Read Longview report here

To read full FT article, click here