Markets, AI, credit ... the boom that can’t last forever

(Image: Getty)

Sat, 25 Oct 2025

I generally write about New Zealand stocks here. Today’s column is a little different. It is the result of more than a year of careful thought and deliberation. There is no easy way to say it. I believe we are on the verge of a significant market crash – one that will rattle the world, as it has not since 2008.Laying out the groundworkI am hardly a regular Dr Doom or perma-bear. Many of the companies I have championed, like Kering and Warner Bros. Discovery, are at year-highs. Happy days, right? Yet it surel...

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