Worst case scenarios aside, let’s look at how investors are positioned. NAAIM exposure index is 66.99.Goldman’s Prime Brokerage writes that “amid increased market volatility and continued geopolitical tensions, US-listed ETF shorts on the Prime book increased +10% yesterday: the 2nd largest 1-day increase on Goldman’s record (since 2016).“SPY futs liquidity thinnest since Liberation Day.Goldman’s head trader John Flood:...Read More