Post by Barings

Martin Horne, Co-Head of Global Investments, joined Bloomberg Insight to share his views on markets, covering the recent AI-driven sell-off and the shifting macro backdrop. He noted that the pullback reflects speculative positioning being unwound in crowded trades, rather than a change in the underlying story. Martin also emphasized that the long-term AI theme remains firmly in place, with companies across industries continuing to explore how it will reshape business models and earnings potential. Beyond AI, Martin's comments point to a more complex environment ahead, with sentiment, positioning and macro factors all playing a greater role in shaping market moves. “You’re going to see oscillation between pools of capital as investors chase this opportunity.” Watch the full interview (7:20): https://ow.ly/j6vL50Z9sni