Investment market volatility is ‘here to stay’ unless global recession strikes: analyst

Wealthy investors should be ready for higher volatility “for years” as uncertainties around artificial intelligence (AI) development and geopolitical risks are set to persist, according to a major private bank. In the past few years, asset prices underwent several roller coaster rides, from US Liberation Day last year to the sell-off of semiconductor shares and US Treasury in recent months. But volatility came after changes to the market’s structure “over the decades” and was expected to be...