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Download Transcript A US trade court ruling has put the legal fate of President Trump’s tariffs in limbo. But will this actually change the course of US trade policy – and what could it mean for the economy and for investors? Alec Phillips, chief US political economist with Goldman Sachs Research, discusses with Allison Nathan.
The plunge in stocks after President Trump announced his full slate of tariffs in early April briefly met the definition of a bear market: The S&P 500 fell just under 20% from its high, and the Nasdaq dropped 23%. However, with the US and its trading partners stepping back from the tariff brink and the risk of recession easing, stocks may now be poised for further gains over the next...
Data is the foundation of the artificial intelligence revolution, but AI is also revolutionising the market for data. Developers are racing to invest billions of dollars to build the infrastructure to power vast AI systems. That rapid expansion has led to a surge in demand for data, creating the potential for companies to generate significant economic value. AI systems are typically described as having three main components —...