"The Trading Community Is Asking Lots Of Questions" After Recent Turmoil; Goldman Remains "Responsibly Bullish"

After a 7-month rip that saw virtually no serious corrections, Goldman Sachs head of hedge fund coverage, Tony Pasquariello, says yesterday brought a retracement that has the trading community asking lots of questions.

Bigger picture, for a market that has enjoyed three years of superb returns and sits just off ATH, there’s no shortage of arm wrestling around the key issues of the day. 

While that makes the yards a bit harder -