Goldman's latest outlook on 2026 markets is getting some attention. The thesis? A cyclical tailwind could extend the current cycle further than most expect.

Here's what's interesting: market cycles have shown structural patterns over decades, and when you map macro conditions against asset class performance, there's an argument for extended momentum. The question traders are asking now—especially those watching equities, commodities, and yes, crypto correlations—is whether these tailwinds hold or if we're pricing in too much optimism.

Goldman's framing with "some like it hot" suggests they see inflation and growth dynamics staying elevated, which historically creates specific trading conditions. For crypto markets, this matters because macro policy and risk appetite directly influence digital asset flows.

The real debate? Whether a prolonged cycle means higher volatility or smoother consolidation. Either way, 2026 is shaping up to be anything but boring from a macro perspective.