Premium'Owning Gamma Still Feels Right' But Goldman 1-Delta Desk Sees 'Clear Signs Of Excess In Retail'
“Unwindy” is probably the best description for the US markets yesterday, according to Goldman Sachs One-Delta desk-head, Rich Privorotsky, who saw another day of weak momentum despite strength in pockets of the tape.
AI at risk +6%, software +5%, while space and satellite names were down close to -10%.