Creative Off-Ramps Needed As Top Goldman Trader Warns "You Can't Jawbone Molecules"
Goldman's One-Delta desk-head, Rich Privorotsky, sums up the market's dilemma perfectly into two words: 'Rhetoric' vs 'Molecules'.
Despite the U.S. pushing back its deadline yet again on Iranian energy infra strikes, the market reaction has been pretty muted (oil higher).
