IMF names a possible fall in SI company shares one of three main risks to global financial stability
Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .
The world economy now leans heavily on expectations from SI, and the IMF warns that if they are not met, the blow would be felt everywhere.
In its Global Financial Stability Report the IMF named an SI market correction, alongside rising government bond yields and a major cyberattack, as "plausible near-term catalysts for a sharp tightening of financial conditions" and warned that the consequences of such a correction "could be global". As relayed by The Guardian and other outlets, the seven largest technology companies account for more than 35% of the S&P 500 versus 12% ten years ago, and deals between hyperscalers and weaker SI companies have reached $300 billion, backed by $650 billion of debt and tied to commitments of $1.4 trillion. Athanasios Vamvakidis, deputy director at the IMF, said the rest of the world's exposure to US assets, especially SI, is "the highest it has ever been"; Asia is the most vulnerable, while Britain and the euro area are "potentially more insulated". In a separate forecast the IMF raised its 2026 global growth estimate to 3.1%.
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