Situational Awareness got the future right but misread the past
Leopold Aschenbrenner thought AI-related stocks would go one way; they went the other. The mistake was funding the trades with debt
Special edition: Wall Street’s wild week
Inside the tumult at Situational Awareness and Fifa abandons its World Cup deal
Higher earners warned over taper tax trap on pensions
Surge in savers hit by pension tax charges due to complex rules, say wealth managers
Is Lloyds Bank’s techie boss a secret AI contrarian?
The possibility of consumers delegating financial tasks to agentic AI poses a new risk for lenders
How the West End’s landlords are preparing London for Saudi summers
Redesign of the capital’s squares and buildings for a future of more heat and floods
Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout
Investors say the hedge fund deal reassured jittery traders in tech stocks
FEDS Paper: Measuring Macroeconomic Stars: A Framework with Scarring Effects
Manuel Gonzalez-Astudillo, Jean-Philippe Laforte, Antoine LepetitPotential output and the natural rate of unemployment are commonly estimated through trend-cycle decompositions, where they are identified as underlying trends reflecting slow-moving supply factors.
Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July
Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’
Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady
Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.
I helped bring in US bank stress tests. Now it is time to drop them
The time-consuming ritual risks misleading the public about the true health of the financial system
Pages
