Investors keep pouring money into Brazil’s so-called shadow-banking market even as defaults continue to climb.

Federal Reserve Governor Michelle Bowman said she sees a number of risks to economic activity from financial markets, including a sharp downturn in stock prices if returns on investments in artificial intelligence fall short of expectations.

Chilean pension funds narrowed their market-value losses on foreign interest-rate swaps in October as a rally in US Treasuries provided some relief to a system under heavy pressure from politicians to reduce risks and boost payments.

Africa’s biggest refinery attracted about 5.85 trillion naira ($4.1 billion) of applications for shares in the continent’s largest public offering to date, almost three times the amount it sought to raise, according to people familiar with the matter.

USA-STOCKS/ (UPDATE 6, GRAPHIC):US STOCKS-Wall St retreats as hot inflation data, Fed comments fuel rate worries