Goldman’s Flood Sees ‘Extreme’ Focus on Hedging Driving Selloff
A dramatic reversal in US stocks Thursday underscored how Nvidia Corp.’s blowout earnings failed to deliver the “all clear” for risk that traders sought, instead sending them for cover against...
By Natalia Kniazhevich · Bloomberg Markets
A dramatic reversal in US stocks Thursday underscored how Nvidia Corp.’s blowout earnings failed to deliver the “all clear” for risk that traders sought, instead sending them for cover against further losses, Goldman Sachs’ partner John Flood said.