Citi with similar thoughts to Goldman Sachs
(ie. Goldman Sachs is looking for more downside for US stocks)
Citi note:
- reluctant to buy the dip in risk assets "just yet"
- will likely take a further tightening in financial conditions to force the Fed's hand into acting
- We await signs of a policy response
US stock index futures had a dive, showing a bounce now. Down 1% to now only down 0.3%