Reported 2 months ago
Goldman Sachs strategist Scott Rubner forecasts that systematic trading strategies responsible for approximately $109 billion in global equity futures sell-offs will persist, fueled by a recent mishap following a Bank of Japan rate hike and disappointing US job data. The market environment is expected to remain challenging, particularly in mid-September, as hedge funds, operating at record leverage levels, continue to unwind trades, leading to significantly reduced liquidity and increased volatility in stock markets.
Source: YAHOO