Amid Worst Bond Returns In 120 Years, Goldman Partner Says 'Now Is The Wrong Time To Fear Higher Rates'

Last weekend the tape obsessed over the latest scare over AI's 'existential risk to humanity', the need for a 'pause' (and concomitant CapEx collapse), and regulatory oversight.

A week later, you would hardly know it happened as the market shrugged it off in what Goldman Sachs Partner, Mark Wilson, described (in his latest Weekly Mash note, available here in full for pro subs) as a “mild-mannered” reaction, epitomized by King Charles hosting AI chiefs in Scotland and Jensen Huang trading the leather jacket for a tie...