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Seth R Freeman from GlassRatner Advisory & Capital Group notes the market's reaction to Trump's tariff threats and concerns about AI advancements. There is uncertainty about immediate tariffs, particularly with Colombia, raising worries in the commodities market. Freeman highlights the potential impact on tech workers and data centers due to AI developments like DeepSeek.
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Most risks are known to the market. But then eventually the market kind of reacts. So, it is very normal and what has happened to the Indian markets is that we just had overvaluation of the market. Now, because there was a slowdown and because of this, that there is a reset of expectations as to what corporate earnings growth will be, that you are seeing this kind of a fall.
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DeepSeek's claim that it model was made at a fraction of the cost of its rivals has shaken up the AI industry.
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News and Media
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