“Big Trees Fall Hard”

Just how complacent and sanguine are equities ahead of the Dutch elections and the Fed? Well, we're glad you asked. If you're long heading into Wednesday, you might want to think really, really hard (although I guess it's a little late to be telling you this) about the following out Tuesday evening from Goldman... Via Goldman The S&P 500 has now increased for more than a year without a 10% drawdown and has had 67 consecutive trading days with 1-month realised volatility below 10%. In fac