💨 Abstract
Point72 Asset Management's founder, Steven Cohen, predicts a stock market peak soon due to inflation pressure and uncertainties surrounding US President Donald Trump's policies on tariffs and immigration. He expressed more concerns about Trump's policies than the recent tech stock selloff triggered by a Chinese AI startup. Cohen also revealed his new AI-focused fund's 14% gain after three months, expecting to raise nearly $1.5 billion.
Courtesy: theprint.in
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