Daily BriefsMacro

Daily Brief Macro: The LLM Quant Revolution: From ChatGPT to Wall Street and more

In today’s briefing:

  • The LLM Quant Revolution: From ChatGPT to Wall Street
  • South Korean President Yoon Suk-Yeol Is Impeached by the National Assembly – What’s Next?


The LLM Quant Revolution: From ChatGPT to Wall Street

By William Mann

  • A Comprehensive Guide to Building AI-Powered Investment Systems: The application of Large Language Models (LLMs) in quantitative finance, focusing on the current state of LLM technology in financial applications 
  • I also cover: 1. Comparative analysis of leading models                2. Implementation frameworks for production systems 3. Risk management and quality control considerations 
  • Key Findings: 1. Multi-model approaches outperform single-model solutions 2. Production implementation requires robust quality controls 3. Model selection should be task-specific within the investment process 

South Korean President Yoon Suk-Yeol Is Impeached by the National Assembly – What’s Next?

By Douglas Kim

  • On 14 December, South Korean President Yoon Suk-Yeol was impeached by the National Assembly in a vote of 204 out of 300 seats.
  • The Constitutional Court could take about 90-180 days in making the final decision on the impeachment of President Yoon. 
  • Now that President Yoon has been impeached, Han Duk-Soo (Prime Minister) will become the temporary acting President of South Korea.   

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