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Open original source ↗Here’s the link to FSB (Financial Stability Board) Chair Andrew Bailey’s letter to the G-20 warning that “markets remain vulnerable to a potentially disorderly correction that could spread across borders, particularly given fragilities in sovereign debt markets, vulnerabilities in private credit, as well as stretched asset valuations.”
Think of it as another illustration of the inherent promise/peril innovation equation: what makes the considerable upside possible (and needs to be unleashed) comes with downside risks (that need to be identified and mitigated).
https://t.co/wuTmmYjxeH
#economy #markets #ai #innovation