After what Goldman Sachs head of hedge fund coverage, Tony Pasquariello, called "one of the highest velocity weeks that I can remember," it's time to reflect on WTF just happened and where we go from here.
Here’s the best way Pasquariello can think of to capture the week's chaos:
The VIX closed last Friday at 23.39 ... it printed as high as 65.73 on Monday morning ... and it is marked this morning at 23.59.