Modi: Metals to Shine by 2026 Amid AI Hype, Fragile US Growth & FII Caution

• Jimeet Modi of SAMCO Group sees metals as a key opportunity by 2026, driven by AI infrastructure, green energy, and supply deficits.
• US economy shows fragile growth with high GDP but rising unemployment, posing global challenges, especially concerning AI's impact on jobs.
• Indian equities expect resilient Q3 FY26 earnings; FIIs remain cautious on valuations but potential for net inflows in 2026.
• Global AI stock rally shows bubble-like characteristics, but real enterprise adoption could temper correction; IT sector may regain focus.
• US Fed leadership change in 2026 could lead to rate cuts, but inflation (above 2% for 4+ years) limits aggressive easing.

Why It Matters: Metals offer significant opportunity by 2026, while global markets navigate AI hype, fragile US growth, and inflation challenges.