What Just Happened? Goldman, JPM Trading Desks Explore Today's Carnage
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Another rollercoaster of day, where the S&P swung by almost 7% from session highs to lows (following yesterday's near record 8.5% swing from lows to highs) and where the VIX
And since nobody has any idea what is going on, we excerpt from the EOD notes from Goldman and JPMorgan to share some of the prevailing confusion: