Goldman Says Market Volatility Too Low as Sanders Rises in Polls

Investors unnerved by Elizabeth Warren’s rising poll numbers last year seem remarkably blase at the rising prospects for Bernie Sanders, according to Goldman Sachs Group Inc.’s global head of market strategies.

“The market thinks that his ability to win against Trump is significantly lower than Warren’s ability to win against Trump -- even though there is nothing in the actual polls that would tell you that is right,” said Goldman’s Brian Friedman. The outcome is “as unknown and uncertain as ever. Vol is just too low.”