FYI: Whenever there's a sharp global sell-off sparked by U.S. equities, Goldman Sachs Group Inc. comes out warning of more volatility and pain ahead.
In July, when there was a brief dip and the Cboe Volatility Index jumped, the venerable investment bank said selling from risk-parity funds, which buy government bonds to hedge against stock portfolios, could lead to more offloading of shares. The S&P 500 has managed to hum along since.
Regards,
Ted
https://www.bloomberg.com/gadfly/articles/2018-02-06/goldman-is-warning-of-more-pain-ahead-don-t-listen
