Premium"The Market Is Betting Against The House": Top Goldman Macro Trader Surveys The Carnage Below The Calm Index Surface
Bobby Molavi’s latest 'Ruminations' is the note (available here in full for pro subs) everyone will skim at the highs and wish they’d actually read at the lows.
The S&P walked into the week a rounding error from all-time highs, but as the Goldman Sachs partner explains below, it felt like a market one bad print from a mood swing.