"Hunker-Down Or Double-Down" - Goldman's Top Trader Reflects On GenAI After 'One Of The Crazier Weeks' Ever

A closer look at recent events from the perspective of one of the busiest trading desks on Wall Street. Below we excerpt from the latest report by Goldman's TMT specialist Peter Callahan who had a very exciting year last week.

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Nice, quiet August week that saw the NDX (and the VIX) close out the week basically where it entered it – NDX +39 bps on the week (and VIX actually closed lower w/w). Nothing to see here.

Authored by Tyler Durden via ZeroHedge August 11th 2024