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Investment Bank Outlook

Institutional insights: BofA - Liquid Insight: EUR in a less USD world

BofA - Liquid Insight: EUR in a less USD worldKey Takeaways:• EUR's transformation from zero to hero: US reciprocal tariffs are detrimental to Europe, but even more damaging to the US....

Institutional Insights: Goldman Sachs - CPI Preview 10/04/25

Goldman Sachs: CPI Preview FICC and Equities | 9 April 2025 | 9:19PM UTC SPX implies a ~2.30% move through tomorrow’s close. Key Forecasts (March CPI): - Core CPI: +0.27% (vs. +0.3% consensus),...

Institutional Insights: Goldman Sachs - Framework for Finding Fast Horses and Elephant Trades

Past the Elephant Trade: Back to the Fastest HorsesFICC and EquitiesTrade tensions and tariff-induced recession fears are behind us. However, elevated market volatility and asset price dysfunction...

Institutional Insights: Goldman Sachs - Managing Risks and Preparing for Elephant Trades

Managing Risks and Preparing for Elephant Trades FICC and Equities “This is only a problem of speed; the magnitude is not the issue. The S&P here doesn’t even take us back to the beginning of...

Institutional insights: Morgan Stanley - Perspectives From The Sales & Trading Desk

Morgan Stanley SALES & TRADING COMMENTARYSome market stabilization provides a window to shift focus from risk management to forward planning. The “fast money” has already exited – hedge fund net...

Institutional Insights: Nomura Equity Sales Desk Views

Nomura Cross-Asset: THE HUMAN VVIX, OR "SWIMMING WITH PIGS"The McElligott family’s spring break trip to the Bahamas coincided with “Liberation Day” last Wednesday, marking our departure from...

Institutional Insights: Goldman Sachs - What to Watch When Deciding to Step In During This Event-Driven Sell-Off

What to Watch When Deciding to Step In During This Event-Driven Sell-Off FICC and Equities Markets are awaiting a significant policy change, either from Trump (difficult to predict when or if it...

Institutional Insights: Goldman Sachs FX Focus

FX in Focus Loss of US Exceptionalism Strengthens Case for FX-Hedging US EquitiesThe erosion of US exceptionalism and increased recession risk suggest a shift in hedging strategy. Recently,...

Institutional insights: Credit Agricole FX Weekly 040/04/25

A USD crisis?The recent sharp decline in the USD outlook can be attributed to several factors: (1) market concerns that President Donald Trump’s combination of protectionist policies, immigration...