Goldman Trader Highlights Hedge Fund Selling Surge and Market Trends Nelson Armbrust, a Goldman trader, shared a quick note with clients today, reflecting on the intense selling and de-leveraging within the hedge fund community over the past two days. He described the last two days as particularly eventful, signaling a noticeable shift in mar...
Weekly Economic Insights Inflation Trade Policy and Market Trends The week following payroll reports is generally uneventful but due to the timing this month economic data releases are packed together making it an active period The first major report is the US Consumer Price Index which is scheduled for midweek followed by the Producer Price ...
Retail Investors Outmaneuver Hedge Funds Amid Market Shifts Retail investors seem to be outmaneuvering their well-compensated hedge fund counterparts once again. For five consecutive weeks, hedge funds were engaged in a selling streak, while retail investors went on an aggressive buying spree, surpassing even the enthusiasm witnessed during t...
Stock Market Bulls Surge Amid Record Highs and Investor Optimism Stock market bears seem to be fading fast as signals across sentiment, positioning, and volatility point to increasing exuberance. US markets are reaching fresh record highs, showcasing robust momentum. While European markets lag behind, with French equities weighed down by poli...
Global Markets Weekly Wrap KW 47 : US Markets Rise Broadly Amid Positive Economic Sentiment The U.S. stock markets made significant strides this week, with major indexes nearing record highs as investors regained confidence following recent losses. These gains came amid ongoing uncertainty surrounding the Trump administration's policy directi...
Why Politics Shouldn't Drive Investment: Focus on Market Fundamentals Every new presidential term arrives with speculation over which market sectors might emerge as winners or losers. Yet, while it can be tempting to see political shifts as harbingers for market trends, the reality is more complex. Historical data shows that established econo...
Market Shifts: Earnings Volatility, AI Hype, and Financial Evolution Bobby Molavi, a macro trader and managing director at Goldman Sachs, opens with "Game on" in his latest reflections on the macroeconomic landscape, market trends, and microeconomic developments. As of last week, the S&P 500 had just reached its 45th all-time high, signal...
US Equity Volatility Remains High Despite Recent Sharp Decline Despite a significant drop from recent high volatility, US Equity Volatility metrics still indicate a wide range of potential market outcomes. This ongoing volatility highlights continued challenges for those who have been covering "Short Vol," "Short Gamma," "Short Skew," and "Sh...
U.S. Housing Market Faces Potential Crash Amid Rate Hike Effects For the past two years, the Federal Reserve's approach to raising interest rates seemed to defy expectations, with home prices continuing to climb despite tighter financial conditions. This phenomenon, akin to "Erdoganomics," occurred because the housing market was dominated by ...
Hedge Funds Aggressively Sell Tech Stocks Amid Record Highs Last week, tech stocks reaching new record highs daily, Goldman's prime brokerage noted significant net selling of tech stocks by hedge funds over the past month, particularly in the Semiconductor and Semiconductor Equipment sectors, with Nvidia reversing its year-to-date trend. June...
Global Markets Weekly Wrap KW 23 : U.S. Services Surge While Manufacturing Faces Ongoing Challenges U.S. Market Update Key market indices had mixed results this week The S&P 500 and Nasdaq Composite hit record intraday highs while smaller-cap indices saw declines Growth stocks significantly outperformed value stocks driven by falling long...
Market Inflation Hedging Lagging; Risks Rise Despite clear indications that the risk of price growth is increasing, there is still limited evidence of investors hedging against inflation in the markets. This week, attention remains on inflation, especially with the upcoming release of the first quarter's US Personal Consumption Expenditures (...
Shift in Treasury Bond Positioning Reflects Growing Confidence in Economic Growth Positioning in US Treasury bonds is shifting towards shorter positions due to the increasing possibility of higher yields persisting, driven by a robust US and global economy. Recent data validate earlier forecasts of an upturn in the US and global economic cycl...