The Goldman Sachs proprietary “Panic Index” is a two year rolling percent measure across four equity vol metrics.
Its sitting basically at zero.
Goldman Sachs Group Inc. Managing Director Scott Rubner wrote in a report:
- there are “no longer any bears left”
Add this in also, Goldman’s Sentiment Indicator points to stretched positioning in equities:
This from earlier is not something you see at a market bottom either:
This article was written by Eamonn Sheridan at www.forexlive.com.
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