HALO'd Out: Goldman Goes Short One Of Wall Street's Favorite Trades

It was just one month ago when Goldman, JPMorgan and virtually every other bank - scrambling for cover from the collapse in SaaS stocks resulting from AI disruption - were aggressively pitching the brand new HALO (High Assets, Low Obsolescence) concept to investors.

"A Shoot First, Think Later" Market, As Both Goldman & JPM See Feverish Rotation Out Of Digital Into Physical World https://t.co/JII2tueAts

— zerohedge (@zerohedge) February 13, 2026