'Record Selling' In Semis & A 'Violent Derisking': Top Goldman Traders Survey The Wreckage

After one of the most violent de-risking episodes in years, top Goldman Sachs trader, Lee Coppersmith says it’s becoming increasingly difficult to argue positioning remains the primary headwind for AI.

At the overnight lows, the KOSPI 200 was down 46% from its peak in just 27 trading days.