Tactical Trades & 'Tectonic Trends': Top Goldman Trader Says JGB Volatility More Important Than Headlines From A Small Swiss Town

Another fascinating week, but amid the headlines, top Goldman Sachs trader, Mike Wilson, concludes that it seems likely the enduring themes continue to solidify – even if the most recent market trends appear increasingly stretched.

This week's volatility was tied to concerns (earlier in the week) of a reignited US-Europe trade war combined with a bond sell-off in Japan that some feared could carry over to other countries with similarly stretched fiscal situations.

Market leadership of late’s been fascinating to observe: