Resembles Jan 1999: Goldman's Hedge Fund Honcho Lays Out Basic Framework For 2026 Market Direction

As Goldman Sachs head of hedge fund coverage, Tony Pasquariello, detailed last week, 2025 was a very good year for US equities, and a terrific year across a wide range of non-dollar indices.

So far, that momentum has carried through to the new year (witness overnight price action in Asia -- Korea took out the highs and China is up 13 straight sessions, the longest streak since the early 1990s).