The new Ponzo updates have a wild outlook for SPY. with.more volatile outliers than we have seen for months.
And the VIX outlook is just as scary if that 45 number ever gets hit.
Bonds, meanwhile look to be making a bottoming pattern and if equities go south into the Fall that's where to put some cash.
Goldman came out with their longer range forecast for SPY and the component sectors. Their outlook is tepid to say the least although certain sectors may hold promise with patience.
