A new Goldman measure of financial stress — Financial Stress Index or FSI — said that while conditions had tightened, they remained A new Goldman measure of financial stress — Financial Stress Index or FSI — said that while conditions had tightened, they remained "at a relatively normal level by historical standards." (Credit: Knut/Adobe Stock)

If much of the financial news has been like a reissue of Chic's disco hit "Le Freak" with the repeating chorus of "Freak out," a new client note from Goldman Sachs Economics Research suggests it's time for some historical calm.

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