GOAL KICKSTART Goldilocks sprint – GS views for 2026 vs. market pricing YTD Since the start of 2026, macroeconomic prints mostly surprised to the upside. While US NFPs came in somewhat below expectations, the US unemployment rate declined to 4.4%. German manufacturing orders and industrial production came in above consensus, while Euro area inflation data was softer than consensus. Market sentiment has also started strongly, with our Risk Appetite Indicator (RAI) accelerating and moving above 0.9 last week ...