Zoho Founder flags risk: US stocks in bubble; says gold is not an investment

Zoho founder Sridhar Vembu views gold not as an investment but as insurance against systemic financial risk, especially with high debt levels eroding trust. This perspective follows IMF economist Gita Gopinath’s warning of a potential $35 trillion global market crash due to record US equity exposure and unbalanced growth. Zoho founder Sridhar Vembu views gold not as an investment but as insurance against systemic financial risk, especially with high debt levels eroding trust. This perspective follows IMF economist Gita Gopinath’s warning of a potential $35 trillion global market crash due to record US equity exposure and unbalanced growth.