Those tracking global markets today will have seen a sea of red, starting in Asia’s equity indices and stretching to the US. In the UK, the FTSE 100 had its worst run since August. Worries that AI is in a bubble, a wobble in crypto—with Bitcoin dropping yesterday below $90,000 for the first time in seven months–and signs of corporate pain as companies shed jobs at pace are all making investors jittery.
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