"Buyers Are Out Of Ammo": Goldman's Flows Guru Warns Quants Have Up To $276 Billion To Sell

The speaker sends emails in the morning, but not the afternoon. Today is different, and they've broken their own rule.

Goldman's closely watched flows guru Scott Rubner broke one of his golden laws and sent an e-mail today (

"I don't send emails after noon... This goes against all of my email rules."

"His message was clear - to double down on everything he had said.

Last Friday

After a short time as a bull he did a U-turn

"I'm tactically bearish."

Why did he break his email rule?


"Things have changed, and the flow of funds has changed... This is new".

What does he mean? What is he referring to?