Money and Me: Robots, Gold and Tariffs - Are Markets in Denial?

Bad news is piling up, yet markets keep climbing - so which signal should investors trust? Gold surges past US$5,000 an ounce as investors hedge against trade wars, political risk and warnings of a looming “capital war” from Ray Dalio. Elon Musk claims robots will outnumber humans and could make up most of Tesla’s long-term value, even as the car business faces slowing deliveries and rising competition. We ask whether stock prices are rising because the economy is healing - or simply because the dollar is weakening. With US market concentration at record highs, what does this mean for portfolios heavily exposed to American equities? Michelle Martin speaks with Swapnil Mishra, author of Investing for the Clueless, Reckless and Overly Cautious, about whether this is resilience, illusion, or the start of a structural shift See omnystudio.com/listener for privacy information.