Things remain jittery in markets, with gains in bonds and a slide for stocks and other risky assets holding firm.
Goldman Sachs partner John Flood said that Nvidia’s results, though strong, didn’t provide the all-clear that markets wanted.
“Plenty of scar tissue out there right now,” Flood wrote in a note to clients. “There is extreme focus on hedging out crowding risk and investors are in pure profit-and-loss protection mode.”