New Fed Chairman Jerome Powell gives investors confidence that he will protect everyone’s economic and financial successes. However, will President Trump allow Powell to have our best interest in mind? The direction of interest rates, asset values and financial regulation rest with Jerome Powell. Read the full article at wealthadvisorstrust.com
Artificial intelligence is no longer a distant concept—it is becoming the most consequential driver of business transformation in decades.
For decades, financial risk modeling has been based on standard deviation assumptions, such as the Gaussian Distribution, modern portfolio theory, and bell curve risk models. While this approach works great in fields like science, it has shown significant shortcomings during extreme market events. Why?