What is really happening in the global markets? An enlightening conversation brings together some of the most influential thinkers in finance and the global economy.

At stake is a crucial question: are the markets truly predicting the future, or are they losing sight of the real direction? Mark Benedetti of Ardian, UBS CEO Sergio P. Ermotti, and Harvard economist Gita Gopinath address the topic from different perspectives. Bonnie Y Chan of Hong Kong Exchanges, Robin Vince of BNY Global, and editors of major financial outlets complete the picture.

In a context where market decisions determine billions of dollars in global allocations, understanding whether valuations truly reflect the underlying economic prospects becomes essential. Amid inflation, interest rates, energy transitions, and geopolitics, the dynamics driving assets are rapidly changing. Experts question whether the market consensus is accurately pricing the risks and opportunities that are actually emerging, or if we are facing another phase of overconfidence followed by corrections.