Goldman Trader Says Investors Shouldn’t Fight the AI Trade
The article discusses the rise of artificial intelligence (AI) in the stock market and the recommendation to not fight this trend. According to Goldman Sachs trader Bobby Molavi, investors should not try to resist the AI trade, as it has become a powerful force in the market. The article suggests that the AI trade has become as influential as the "don't fight the Fed" rule, which advises investors not to go against the Federal Reserve's monetary policy decisions. Molavi believes that the AI trade has become a dominant force in the market, and investors who try to fight it may end up facing significant risks. The article does not provide further details on the specific impact of AI on the stock market or the strategies employed by AI-driven trading. However, it highlights the growing importance of AI in the investment landscape and the need for investors to adapt to this new reality.
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