Billionaire investor Howard Marks, in his interaction during his Mumbai visit, described the current market cycle as unusual, making it difficult to pinpoint its exact start. He believes that despite a long expansion, the absence of extreme booms has kept major downturns at bay. “This is a very unusual cycle because it’s even hard to know when to date the cycle from,” he said.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays
October 23, 2026