AI Trade Stumbles Again as Investors Rediscover Treasury Haven
According to the president of Blackstone Inc., there’s no bubble in artificial intelligence. Treasury Secretary Scott Bessent isn’t seeing a “systemic problem” in the boom. But as hard as Wall Street brass works to tamp down concerns around the space, markets are refusing to be calmed.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.