"We're Running Hard To Stand Still" - Goldman Hedge Fund Honcho Assembles The Market "Jigsaw Puzzle"
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If you're exhausted from markets in 2025, you're not alone...
The trading environment in recent weeks has been wildly interesting, according to Goldman Sachs head of hedge fund coverage, Tony Pasquariello. There's been no easy days - as the markets lunge from headline to headline.
Specific to US equities, the fact is this: we have traded these same levels in S&P over and over again during the past three months; as a colleague put it, “we’re running hard to stand still.”