by Tyler Durden    Jul 3, 2017 4:15 PM

After several months of low volatility across assets since mid-2016, particularly in equities, markets were more volatile last week owing to fears of central bank tightening. Volatility picked up first in FX and rates, and then spilled over to equities. However, as Goldman notes, this might not be the end of the low vol regime yet.

Since 1928, there have been 14 comparable low vol regimes for the S&P 500 – on average, they lasted nearly two years and they had a median length of 15-16 months. Often they were supported by a very favourable macro backdrop, similar to the recent ‘Goldilocks scenario’…

…However, despite the sudden reawakening of fear, Goldman is confident that this is a tempest in a teapot…

https://www.zerohedge.com/news/2017-07-03/goldman-sachs-what-happens-next-recession-war-or-goldilocks?utm_source=dlvr.it&utm_medium=facebook