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...
By Vildana Hajric and Lu Wang · Bloomberg Markets
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.