For The Doubters & The Dreamers: Goldman's Hedge Fund Honcho Goes 'Back To Basics'

As market participants confront another impending deadline, Goldman Sachs head of hedge fund coverage, Tony Pasquariello, "goes back to basics" in his words to comprehend the context of an enormously complex trading environment.

The S&P has rallied 5% off the lows of last week, and is down just 4% from the February 27th close.