According to Goldman’s Prime Brokerga in the US we’ve seen the “largest $ net selling since Jan 27th (-2.0 standard deviations) driven by short sales in Macro Products…Macro Products have been net sold in 9 of the past 10 trading days… ETF shorts have increased +9% week/week (+25% YTD) and now make up 21.4% of the non-Index US short book, the highest level on our record going back to 2012.”