AI 'circular financing' raises dot-com bubble concerns

Explaining current market valuations at Professional Adviser's Northern conference last week, Brookes stated: "AI is very much the heart of what everyone's thinking." The investment specialist highlighted that at the beginning of this year, everyone was interested in gold. However, this changed as it dropped in value. "People lose interest in things that fall," Brookes noted. While AI seems to be all the rage at the moment, Brookes acknowledged equity markets have "done pretty well". In terms of jurisdictions, he highlighted the US is not leading the way. Brookes said: "We've...