As of August 31, the S&P 500 was within 2% of the all-time high, and up 13% year-to-date. However, the AI race moves quickly and leading players can shift, causing extreme market volatility.
At ETF PM, we believe the risk of a market crash within 3-12 months is now elevated and growing. As a result, we have temporarily raised cash to protect client principal and have been trading small positions in energy and bitcoin via XLE, NRGU, BTC, MSTR, and MSTU.
Andrew Bailey: AI threatens to unleash global market downturn
Luke Barr, 8/31/26
Andrew Bailey, the Governor of the Bank of England, has warned of a severe downturn in global stock markets if the AI bubble bursts.
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