Quotes
We are proactively reaching out to clients to assess [risk] across their entire portfolios.
While, another prime brokerage executive noted
If a trade war now is beginning, and if terms stay in place for an extended period and for many years, this is going to have more negative implications on the rest of the world than it will on the U.S. … Simply because exports and imports as a share of GDP is much more substantial in the rest of the world than it is in the U.S.,
Torsten Slok, Apollo Global Management's chief economist, said during a conference call with investors Friday
The real race is to build the compute required for general intelligence—still a few years out, but one that will multiply AI’s utility far beyond where it is today.”
Munster said
Once the fog of tariffs closes, we’ll resume a two-year bull market, powered by AI.”
Munster said