It's A Market Of "More Noise & Less Signal" But Goldman Macro Trader Warns 'Rate Of Change Is Accelerating'

Authored by Bobby Molavi, Goldman Sachs Macro Trader,

To try and summarize last the last couple of weeks would be too hard... and would make an already ‘wordy’ note unacceptable in length. 

5 weeks into 2026...not sure if it has gone by quickly or whether each week has felt like a year in and of itself! 150 miles per hour. Perpetual change. A market of more noise…. and arguably…. less signal.