Members Only - FT Unhedged: AI bubble fears, US shutdown chaos & the $1.7tn shadow bank risk

Members Only - FT Unhedged: AI bubble fears, US shutdown chaos & the $1.7tn shadow bank risk

FT’s Katie Martin and Robert Armstrong dig into US shutdown politics, AI bubble fears, and a $1.7tn surge in shadow banking that markets seem determined to ignore.
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From Washington’s budget deadlock to frothy AI valuations and the rise of shadow banking, FT’s Katie Martin and Robert Armstrong unpack the hidden risks markets are brushing aside. With US labour data blacked out, AI driving most of America’s growth, and trillions flowing into the financial shadows, are investors sleepwalking into trouble - or is Wall Street’s rally unstoppable?

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