Goldman Head Of Hedge Fund Coverage: 'Stay Long... With Tail Protection'

Financial markets have processed an enormous amount of new information - and increasingly complex variables - in the new year, and as Goldman Sachs head of hedge fund coverage, Tony Pasquariello simplified to clients this morning:

there’s a ton of stuff going on right now, it’s all pretty complicated, and the rate of change is remarkable.

Here’s what I mean by that: