Trades that got crowded in April’s tumult have suddenly become vulnerable, among them shorting the US dollar, betting against equities and wagering on higher market volatility. Behind the backfiring wagers has been Donald Trump’s concessionary tone on tariffs and a string of positive economic reports – and the ensuing rebound in sentiment.
Goldman Sachs Asset Management launches AI investment platform: Report
Goldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform. Lou D’Ambrosio will lead this new platform as chairman of Artificial Intelligence. This