Goldman's Top Trader Reflects On "One Of The Highest Velocity Weeks" Ever

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

Authored by Tyler Durden via ZeroHedge August 9th 2024