Goldman's Panic Index hits ‘max fear' as traders warn Wall Street to ‘buckle up'
A fresh selloff could hit Wall Street as soon as this week, with Goldman Sachs’ Panic Index signaling markets are near “max fear” despite Friday’s rally.Analysts at Goldman’s trading desk estimate that as much as $33 billion of selling could hit US equities this week, telling investors that they need to “buckle up,” according to Bloomberg News.If the S&P 500 falls below 6,707, an additional $80 billion could be shed over the next month, Goldman analysts estimated. 3 A fresh selloff could hit Wall Street a ...