IMF warns of imminent turbulence in non-banking financial markets, caused by tensions in the Middle East and a reassessment of expectations regarding AI.

In its latest report, the International Monetary Fund (IMF) signals imminent turbulence in non-bank financial markets, with a focus on capital markets, where declines in stock valuations are expected. The escalation of tensions in the Middle East, the reassessment of productivity generated by Artificial Intelligence, and the development of alternative private lending instruments are the main causes. The IMF warns that emerging markets are becoming vulnerable to capital outflows and pressures on national currencies.

Experts recommend strengthening international cooperation to limit the spread of global financial shocks, emphasizing the importance of liquidity management for mutual funds. They also highlight the need for increased oversight of non-bank financial institutions, considering their exposure to crypto assets and the rapid development of the private credit market. Emerging markets must prepare for turbulence through proactive risk management and stricter regulatory measures.