'Animal Spirits' & Record Long Index Gamma; Goldman's Flows Guru Says "This Is A RINO Global Equity Market"

This is a RINO global equity market – "Recession in name only" - according to Goldman Sachs flow-of-funds guru Scott Rubner, as he sees global wall-street starting their great American BBQ party on a positive tone.

Here is Rubner's quick rundown of the most important positioning dynamics in the marketplace right now.

As investors return from the Memorial Day long weekend, we think this FOMU, "fear of materially underperforming" behavior will start to kick off.