'Buy Protection': Goldman Flows Gurus Warns 'Risks Of A Corr1 Macro Event Are Creeping Higher'

July has felt like a summer beach day – if that beach day brought on both a monsoon and tsunami warning.

That's quite an introduction from Goldman Sachs top traders - Gail Hafif, Brian Garrett, and Lee Coppersmith - in their latest 'Flow of Funds' summary.

Correlation