Goldman Hedge Fund Honcho Warns Price Action Is Consistent With A 'Reflation Trade'; Vol-Inducing For Stocks

The key story line this week was the rip higher in commodities, interspersed with pockets of pressure on the bond market, according to Goldman Sachs head of hedge fund coverage, Tony Pasquariello.

Along the way, he adds, "equities didn’t necessarily enjoy the local turbulence, which I get."