WATCH YOUR BIDS (S2026 E03)

Summary

In this episode, Goldman Sachs discusses the growing pains in the quantitative investing space, while Carlyle warns that AI exposure has become oversized across many portfolios. Scott Bessent revisits his earlier stance on Warsh’s balance sheet reduction, indicating a potential reversal, and the conversation also touches on recent developments in China and a retrospective look at the 1987 market crash with Borish. The hosts weave together macroeconomic insights, asset‑class allocation concerns, and historical market lessons to frame current investment challenges.