"Cracks Appearing" - Goldman Macro Trader Ruminates On Macro, Micro, & Markets

Goldman Sachs macro trader and MD, Bobby Bolavi surveys the current landscape and sees "a very confusing mix of dispersion in mega cap land, worryingly hot inflationary data, return of big M&A, more Tech M&A, thawing of IPO market... and equity performance."

How to unpick all this...

If we start with the macro view.