Stocks volatility is through the roof as Wall St pulls its u-turn. Goldman says BTFD that it didn’t forecast:
The correction in markets raises three important questions: How vulnerable are markets now and is it yet time to buy? Will the value rotation continue? Are there now dislocations that create opportunities?
We believe we are in a correction within a bull market cycle. In our view we remain in the early part of the Growth phase – returns will likely be low from here, but the bull market should continue (so long as economies grow).
