Should investors be prepared for another sell-off?

US equities (^GSPC, ^DJI, ^IXIC) were hit with a number of financial anomalies including a carry trade, the Sahm rule, and mixed economic data which caused a large sell-off. While the market seems to have begun to rebound, could there be more in store?
Goldman Sachs global chief equity strategist Peter Oppenheimer joins Catalysts to give insight into market movements, giving a historical context for investors to better understand what this recent sell-off means for the market going forward.
"It's not very untypical to have a fall of around 10%. The S&P (^GSPC) was slightly lower than that, actually. It's just that it happened very, very quickly. And I think largely as a function of the carry trade unwind..." Oppenheimer says. "What I would say, though, is that there is still a lot of concentration in markets, particularly in the US and high valuations. So in the next few days it's still going to be very, very dependent, I think on any further data we get on earnings and the macro economy to really, reinforce the stability that we're seeing today."
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