Joshua Benton - Analyst, Real Wealth and Managing Editor, South African Investor

The AI “Scare Trade”: Why Wall Street is panicking – and why that might be the opportunity

Something unusual happened recently in the US markets. Commercial real estate stocks were slammed so hard you’d think we were back in 2008. One major brokerage name suffered one of its worst days ever – rivalling the carnage of Covid and the Global Financial Crisis. Meanwhile, trucking and logistics stocks were hit as if demand had collapsed overnight. But it didn’t.
There was no recession announcement. No credit freeze. No oil shock.
The trigger? AI

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