Is Goldilocks back in town? During the previous economic cycle (2003-2007), Wall Street referred to the U.S. economy as the “Goldilocks Economy” …not too hot, not too cold, just right. It was also during this time that market risk metrics, such as volatility, were low. Presently, investors find themselves in an analogous situation, as today’s economy continues to demonstrate modest growth and risk metrics are reaching historical lows. On the positive side, capital markets continue to grind higher in both equities and fixed income asset classes; on the negative side, many are asking when the bears are expected to be home.