Recurring series
Goldman SachsWeekend Prep
Finvaulta tracks 6 editions of Weekend Prep from Goldman Sachs, published between May 11, 2026 and July 10, 2026. Each edition is summarized on its own page.
Latest edition · July 10, 2026
GS Weekend Prep - Brian Garrett
The report highlights a disconnect between nervous credit markets and calm equity indices, alongside record-low implied correlation. Investors are increasingly focused on hedging risks as US dollar positioning hits decade highs.
Market sentiment remains cautiously optimistic heading into earnings season, though Brian Garrett notes a distinct role reversal where credit desks are significantly more stressed than equity vol desks due to hyperscaler bond issuance. Key themes include the collapse of cash volumes in July, record low implied correlation, and a surge in leveraged ETF notional volume. While equity indices remain near record highs, the report advocates for caution and hedging given the current market pricing of volatility.
Read the latest edition in fullKey takeaways from the latest edition
- 1.Credit markets are showing signs of stress with widening bond spreads despite calm equity markets.
- 2.Implied correlation is at record lows, prompting interest in trades that capitalize on potential volatility spikes.
- 3.US Dollar positioning in the futures market has reached decade-high levels.
What this series covers
- weekend prep
- pb (i)
- pb (ii)
- one delta
- futures
- derivatives (i)
- derivatives (ii)
- derivatives (iii)
- etfs
Edition archive
Series at a glance
- Editions tracked
- 6
- First edition
- May 11, 2026
- Latest edition
- July 10, 2026