PremiumThe AI trade is "getting more complicated", according to Goldman Sachs head of hedge fund coverage, Tony Pasquariello, noting that every day remains its own distinct adventure, and yet S&P ex-AI and equal-weighted S&P are quietly making higher highs...A Tricky Week in the US...
The Market's Message Is Clear To Goldman's Pasquariello: "Those Cutting The Checks Are Going Too Far..."
...a basket of the core hyperscalers is DOWN 18% so far in June, which tracks as the worst single month for this cohort since the IPO of META.
44 words~1 min read
