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Ruchir Sharma

Contributing editor

A writer and investor, he is the author of four books, including most recently “The 10 Rules of Successful Nations”. He is chair of Rockefeller International. The views expressed in his column are strictly his own.
  • Monday, 4 May, 2026
    Retail trading
    America’s retail army now rules the stock market

    Unbowed by the Iran war and other shocks, individual investors are buying their way to new heights of influence

    Ruchir Sharma
    Hands using a smartphone displaying a stock trading app with charts, in front of a computer screen showing similar financial graphs
  • Monday, 20 April, 2026
    Emerging markets
    A retro rally is coming from e-merging markets

    For now South Korea and Taiwan are the biggest beneficiaries of the AI wave

    Ruchir Sharma
    The TSMC factory building in Kaohsiung with people on scooters and vehicles passing in the foreground
  • Monday, 6 April, 2026
    Oil
    Why this oil shock is different

    Governments and central banks are out of policy ammunition to contain the economic fallout

    Ruchir Sharma
    Drops of petrol fall from the nozzle of a fuel pump, with a single droplet suspended in midair
  • Monday, 23 March, 2026
    US economy
    America keeps bailing out Trump

    The country’s underlying strengths are absorbing his erratic choices, including the war on Iran

    Ruchir Sharma
    Traders on the New York Stock Exchange floor work at computer terminals and tablets as stock prices display on screens.
  • Monday, 9 March, 2026
    Chinese economy
    China’s growth target is a global problem

    Beijing’s export offensive could be more destabilising than Trump’s tariffs

    Ruchir Sharma
    Factory workers sit at tables assembling basketballs, surrounded by equipment, unfinished balls, and ventilation tubes overhead
  • Monday, 23 February, 2026
    Gold
    Gold enters the storybook stage

    Its price is now far above levels suggested by fundamental forces, but it’s hard to see what might stop its ascent

    Ruchir Sharma
    Several 1kg gold bars rest on a dark surface
  • Monday, 9 February, 2026
    US equities
    Bash All Day, Buy All Night

    Why foreigners keep pouring money into America

    Ruchir Sharma
    A trader holding a tablet walks past blurred monitors displaying stock data on the floor of the New York Stock Exchange
  • Monday, 26 January, 2026
    Artificial intelligence
    Why people still matter in the AI era

    As population decline accelerates, the big risk is labour shortages, not mass unemployment

    Ruchir Sharma
    A worker at a desk with a laptop and tools sits beside two partially assembled EngineAI PM01 humanoid robots
  • Monday, 12 January, 2026
    Indian economy
    India needs to import more capital and export fewer workers

    Despite strong headline growth numbers, the country is slipping from the global spotlight

    Ruchir Sharma
    Hazy sunset over Mumbai with a dense cluster of boats in the foreground and high-rise buildings under construction in the background.
  • Monday, 5 January, 2026
    Global Economy
    The Big Read. Ruchir Sharma: top 10 trends for 2026

    The AI mania could wane and drag down the economies of the two superpowers, but the rest of the world is well positioned to pick up the slack

    Illustration of the globe being held in the palm of a robotic hand. In the background is a bull, the Statue of Liberty and a $100 bill
  • Monday, 15 December, 2025
    Market bubbles
    The four ‘O’s that shape a bubble

    And what this test tells us about the artificial intelligence wave

    Ruchir Sharma
    Illustration of two figures floating on each side of a large bubble being pierced by small numerated ring bubbles
  • Monday, 1 December, 2025
    Equities
    The best time to buy quality stocks is now

    A generational opportunity in otherwise bubbly markets

    Ruchir Sharma
    An illustration showing a person pointing to an upward-trending investment chart, with a green quality ribbon and five stars in the background.
  • Sunday, 16 November, 2025
    Indian politics & policy
    How the Joe Biden of India won

    The chief minister of Bihar was re-elected by a wide margin despite his obvious infirmity and stalled progress

    Ruchir Sharma
    Nitish Kumar smiles and greets with folded hands while arriving for the Budget Session at Bihar Assembly.
  • Monday, 3 November, 2025
    Books
    Books, malls and cars: where the physical world still rules

    Many consumers are resisting, even turning back the digital revolution

    Ruchir Sharma
    Two young people seen from behind looking at books surrounded by shelves of books in a bookstore
  • Monday, 20 October, 2025
    Markets
    Why gold and stocks are partying together

    These booms are connected, but not in the way you may have heard

    Ruchir Sharma
    Four gold wafers of different sizes from Galeri 24 are displayed, each marked with weight and "FINE GOLD 999.9."
  • Monday, 6 October, 2025
    US economy
    America is now one big bet on AI

    It’s seen as the magic fix for every threat to the US economy

    Ruchir Sharma
    The facade of the New York Stock Exchange with its columns and pediment sculptures, and a large American flag hanging nearby
  • Monday, 22 September, 2025
    Asia-Pacific economy
    How south-east Asia lost its way

    Indonesia is just the worst of the worst in the world’s weakest regional market

    Ruchir Sharma
    Prabowo Subianto stands in front of a backdrop with red and white stripes before delivering his annual address.
  • Monday, 8 September, 2025
    Federal Reserve
    Why the Fed should not cut rates now

    Amid loose financial conditions and a bubbly market, it’s exactly the wrong time

    Ruchir Sharma
    Jay Powell holds papers and a pen while leaving a stage, with US flags and Federal Reserve banners in the background.
  • Monday, 11 August, 2025
    Entrepreneurship
    America doesn’t have a monopoly on wealth creation

    New research shows many other countries have a booming entrepreneurial culture generating serious wealth

    Ruchir Sharma
    Two illustrations — one of a person celebrating under their money tree while someone else kneels next to a dead tree; the other is of three flourishing money trees and two happy people
  • Monday, 28 July, 2025
    Trump tariffs
    What the world got wrong about tariffs

    No economy rises or falls for just one reason, even a shock as big as Trump’s trade policy

    Ruchir Sharma
    Cars driving past the Port of Los Angeles
  • Friday, 18 July, 2025
    FT News Briefing podcast11 min listen
    Is Ukraine sliding into authoritarianism?

    The eastern European country’s leader has been accused of favouring loyalists and using wartime powers against critics

  • Monday, 14 July, 2025
    Israel
    The markets are signalling a clear winner in the Middle East

    Israel’s stunning stock rally suggests the country is cementing its status as the regional economic superpower

    Ruchir Sharma
    The Tel Aviv skyline
  • Monday, 30 June, 2025
    US equities
    The world is changing, the US market is not

    To date, the Trump shock is that he has had so little impact

    Ruchir Sharma
    Illustration of a figure walking on a horizontal graph line with an asteroid hurling towards it, lightning striking it, and an explosion shaking it
  • Monday, 16 June, 2025
    Chinese economy
    The myth of the suppressed Chinese consumer

    In reality, the country has the fastest household spending growth rate of the 21st century

    Ruchir Sharma
  • Monday, 2 June, 2025
    Currencies
    The world’s strongest currency is also super-competitive 

    Switzerland’s success shows that a nation can revalue its way to prosperity

    Ruchir Sharma
    A worker holds a tray of chocolates at a Lindt factory in Kilchberg, Switzerland
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