Here Is What the Correlation Between Q4 and Q1 Means for U.S. Equities – Barclays
Goldman Sachs Sees Almost 30% Correction Risk in Stocks
Fed's Harker: Fed Still on Rate-cut Path, Future Moves Driven by Data
SPDR S&P 500 ETF Trust: Pivot Points
AI has triggered a wave of layoffs on Wall Street! The number of unemployed individuals in the next three years may exceed 200,000.
The report indicated that in the next 3 to 5 years, due to AI 'encroaching' on human jobs, Global Banks will lay off up to 200,000 people, with backend, mid-office, and Operation positions facing the highest risks. At the same time, 80% of respondents expect that generative AI will increase productivity and income by at least 5% during this period.
Trump's Day 1: Incoming President Looks Set to Act on Tariffs, Crypto, Energy and Immigration
(I am only speculating here.)
