Is Wall Street heading for an AI-led market crash?
The Shiller price-to-earnings ratio has risen to levels last seen around the dot-com bubble, raising fresh fears that heavily valued technology companies could be heading for a painful correction.
Investment commentator Justin Urquhart-Stewart explains why parts of the AI market appear overheated and how a Wall Street fall could affect British pensions and investments. However, he warns savers against panicking, selling everything or attempting to time the market.
The discussion then turns to Britain’s £3 trillion debt, Labour’s borrowing, the growing benefits bill and taxes on employers. Urquhart-Stewart says Britain is living beyond its means and argues that lower taxes, business investment and greater economic confidence are needed to generate growth.
#money #stockmarket #news #ai #finance #economy
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Is Wall Street heading for an AI-led market crash?
The Shiller price-to-earnings ratio has risen to levels last seen around the dot-com bubble, raising fresh fears that heavily valued technology companies could be heading for a painful correction.
Investment commentator Justin Urquhart-Stewart explains why parts of the AI market appear overheated and how a Wall Street fall could affect British pensions and investments. However, he warns savers against panicking, selling everything or attempting to time the market.
The discussion then turns to Britain’s £3 trillion debt, Labour’s borrowing, the growing benefits bill and taxes on employers. Urquhart-Stewart says Britain is living beyond its means and argues that lower taxes, business investment and greater economic confidence are needed to generate growth.
#money #stockmarket #news #ai #finance #economy
Have you got a story? Email tips@talk.tv
Click here for more from Talk https://talk.tv
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