Goldman Flows Guru Sees 'Real Reset' In Positioning As Correlation Crashes To Record Low

After months of relentless buying, Goldman Sachs flows guru, Lee Coppersmith, says AI positioning finally reset.

Goldman Sachs Prime Book data showed the largest net selling in global equities in three months, US equities were sold for a second straight week – at the fastest pace since Liberation Day, and US Info Tech saw its largest net selling in more than a decade.

Bottom line: this past week was a real reset.