August 06, 2024 at 09:28PM
Inbfo comes via Reuters on the introduction of Goldman Sachs’ new Financial Stress Index (FSI):
tightened over the last two days
remains at relatively normal levels by historical standards
most of the tightening has come from surprisingly high levels of expected volatility in the equity and bond markets, Goldman economists said in a client note
conditions in short-term funding markets remain broadly stable
FSI suggests that there have been no serious market disruptions to date that would force policymakers to intervene
Here is the link to the Reuters report (I’ve yet to dig up the GS index report) for more.
This article was written by Eamonn Sheridan at www.forexlive.com.
Goldman Sachs has introduced a new Financial Stress Index (FSI) – totally normal