Prof G Markets Something Has Broken In The U.S. — ft. Katie Martin
167 snips
Jan 30, 2026 
Katie Martin, Financial Times markets columnist and editorial board member, parses market rotation, AI hype, and geopolitical shocks. She unpacks why Europe and Asia have outperformed the US, explains why Japan’s bond moves matter globally, and debates whether AI will trigger job losses or a tech valuation reset.
AI Snips
Chapters
Transcript
Episode notes
Use Targeted Consumer Strikes
- Organize a targeted, surgical consumer strike focused on big-tech subscriptions and premium services.
- Force disclosure of falling subscriber growth to ripple through AI-heavy stocks and pressure policymakers.
Trust Decay Is Driving Diversification
- Global investors see a structural loss of trust in U.S. institutions after persistent disruptive political rhetoric.
- That loss of trust is driving allocation shifts and calls for greater diversification away from U.S. dollars and assets.
Japan's Bond Regime Has Shifted
- Japan's long-era of ultra-stable bonds is ending as inflation persists and yields rise.
- Higher domestic yields can pull global flows back into Japan and disrupt the carry trades that supported other bond markets.