EconomyDebunking the ‘Tina’ doctrine: Nomura warns AI-driven rally masks US vulnerabilities

A Nomura report says the artificial intelligence boom has concealed a rising US risk premium, while the concentration of global savings in dollar assets has increased investors’ exposure to a reversal. A setback in the technology rally could sharply correct US assets and weaken the dollar, it warns.

artificial intelligenceUS economyfinancial markets

SSouth China Morning Post★★☆☆☆2026-09-04 04:00Original