Debate has resurfaced over market turmoil on a scale not seen since the 1987 Black Monday. Current developments surrounding rising interest rates and debt issues linked to AI investment are viewed as reflecting the next phase of risk aversion.
Attention is focused on the effects of rising interest rates and debt issues associated with AI investment, stemming from the worldwide stock market crash originating in the US on 19 October 1987, known as Black Monday. Against this backdrop, some have pointed out that uncertainty remains over future market trends.
While semiconductor-related stocks have experienced notable sharp declines, the US consumer price index for September rose 3.7% year on year, exceeding market expectations, and US Treasury yields also fell sharply at one point. The possibility that these movements could trigger a global wave of risk aversion has been discussed.
This combination of tailwinds and headwinds is being viewed as a sign of possible market turbulence ahead, with interest-rate trends and the performance of AI-related assets the focus.