www.zerohedge.com
Whether it is the hangover from Canada's bank downgrades, Chinese ripples finally washing ashore, loss of faith in Trump policy timeliness, Macy's killing the canary in the recovery coalmine, or stagflationary concerns, the US equity market is in 'sell' mode this morning - something we have not seen in weeks.
More gravely concerning is VIX has spiked to - shock, horror - 11!
And banks are getting bruised...
Plenty of room to fall yet though...
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