turbulence

At first, the researchers faced a major challenge: turbulence in Earth's atmosphere.

“We doubt that the recent turbulence in financial markets and credit losses will mark an imminent end to the AI-driven equity market surge,” said Jonas Goltermann, deputy chief markets economist at Capital Economics.

“We expect a period of short-term turbulence across oil, equities and currencies as some investors reposition.”

The CEO acknowledged the “turbulence” brought by the tariffs agenda, but said that original equipment manufacturers, “have largely navigated it well.”

The company said in July that it would cut production and staffing as many customers adopted a wait-and-see approach amid turbulence triggered by trade barriers and tariffs.