"Risk-Reward is Skewed To The Upside": Goldman Traders Turn Bullish

As we reported earlier, after several days of patiently - and bearishly - waiting for his opportunity, Goldman's head of risk and Chief Strategy Officer, Josh Schiffrin, made quite a splash just after 1pm when he announced to the bank's clients that "I’ve been negative, but now I’m bullish.  Time to start scaling in."