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Goldman Derivatives Desk: Everyone Is Buying Calls, Nobody Wants Puts (So Buy Gold)
"While many thought a hawkish Jackson hole could bring longer end yields lower given increase in perceived fed credibility/independence, the opposite happened (10y 4bps higher on the session, and now 25bps higher on the quarter)." - Brian Garrett
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zerohedge.com
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'Keep Buying Gold Dips': Goldman's Pasquariello Warns Of Midterm Malaise For Markets
Underlying fund flows remain solid... gold continues to be a fine bedfellow for equity risk... the options market is offering the cost of a good night’s sleep at reasonable levels
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Goldman Derivatives Desk: Everyone Is Buying Calls, Nobody Wants Puts (So Buy Gold)
"While many thought a hawkish Jackson hole could bring longer end yields lower given increase in perceived fed credibility/independence, the opposite happened (10y 4bps higher on…