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%