Wall Street Cries In Terror After "Manic, Panican" Week: "Stocks Not In The Driver's Seat Any More"

What a year the past week has been.

As Goldman's trading desk writes in its Friday EOD post-mortem, Friday was "a very quiet (welcomed) move higher today after a manic (panican) week" with overall market volumes of 19BN shares vs. the 26.7BN per day in the previous four session. Flows on the Goldman floor were more balanced, if shallower, with exhausted investors slower to react to headlines than in days prior