@brianjohnroach.bsky.social
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Girl Dad, Democrat, music fan, book reader, happy husband, dog and cat owner, proud Maryland resident. Also produces electronic music under the name ANHNCH.
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The Guardian
@theguardian.com
· 16h
Bank of England warns of growing risk that AI bubble could burst
Possibility of ‘sharp market correction has increased’, says Bank’s financial policy committee
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The Bank of England has warned there is a growing risk of a “sudden correction” in global markets as it raised concerns about soaring valuations of leading AI tech companies.
Policymakers said there were also threats of a “sharp repricing of US dollar assets” if the Federal Reserve lost credibility in the eyes of global investors. It comes as Donald Trump’s continues to attack the US central bank and threaten its independence. Continue reading...
www.theguardian.com