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  1. Goldman Sachs23 min

    AI Shake-Up and US Exceptionalism

    Tony Pasquarello, Josh Schifrin, Dominic Wilson

    Dominic Wilson and Josh Schifrin analyze the "DeepSeek" AI disruption as a pivotal shift challenging U.S. dominance while reaffirming persistent corporate spending driven by competitive incentives. The speakers outline a Federal Reserve likely to hold rates steady pending economic clarity, forecasting potential cuts only if labor weakens or inflation trends clearly toward 2%. Despite market volatility, the panel maintains a bullish conviction in global equities and a steeper yield curve, cautioning investors to account for underpriced tariff risks and the evolving complexity of the AI investment landscape.