On Friday we published a summary of the latest must-read Weekly Rundown piece from Goldman's banking and markets team – actual sales and traders - on what they are witnessing on the desk and conversations resonating with clients, see "Goldman Trading Desk Reflects On A "Nauseating" Rollercoaster Of A Week", which is perhaps the most valuable market summary weekly note, as well as the full Rundown report available to pro subscribers.
For those who missed it, or are truly pressed for time, you are in luck: one of Goldman's top traders, derivatives guru Brian Garrett did a quick summary snapshot of what he thought were the most notable highlights, start with what he believes was "the most important chart of the week", namely the Fundamental hedge fund L/S ratio, according to which "we are below covid levels … net leverage is in the 11th percentile on a 5 year lookback"
