Merryn Talks Money
Yes It’s an AI Bubble. Here’s Why
On Merryn Talks Money, Albert Edwards warns corporate earnings may look robust, but they may prove just as fragile once borrowing costs bite.
Photographer: NurPhoto
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Albert Edwards is certain there’s an artificial intelligence bubble—and like all bubbles, it comes wrapped in a story so convincing that even seasoned skeptics start to waver. “All bubbles come with a brilliantly plausible narrative,” says the Société Générale global strategist, who has seen his share of market manias.