AI risks dominate global data
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Kia ora.
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from interest.co.nz.
Today we lead with news Google's Q3 profit miss and AI cash burn have revived investor concerns about the whole race for AI dominance and the valuations driving the sector.
And that is so large, it shows up in US national accounts.
First, the US released its early, first estimate of Q3-2026 GDP growth and that shows a very good +3.4%…
The skinny
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