Goldilocks markets over?
“The ‘Goldilocks’ combination is unlikely to last; like Goldilocks herself, the market might get away with it for a while but it will eventually get caught by a bear” — Peter Oppenheimer analyst at Goldman Sachs.
Financial markets have benefited from what’s been called ‘Goldilocks’ scenario by analysts at Goldman Sachs for the past few years. A lack of volatility, falling bond yields and a desire by central banks around the world to do ‘whatever it takes’ to keep interest rates low has supported equity and bond yields. These Goldilocks conditions have almost reached a peak this summer as market volatility plunged to record lows, along with bond yields and trading volumes while markets pushed to record...

