In this missive, we are just going to focus on the "WTF!" moment of this past week. In order to do this properly, I need to start with last week's missive where we asked the question "Did Something Just Break?" In that article we addressed
With the recent plunge in the S&P 500 of over 5%, has the long-anticipated (and long-overdue) market correction finally begun?
Much is being made of the modest bounce (a couple hundred Dow points ain't what it used to be), but while this week has been extremely volatile, as former fund manager and fx trader Richard Breslow notes, "the big moves this week actually tell us ver
With markets in rebound mode today, the sellside's fascination with Wednesday's sharp, unexpected selloff continues.
Yesterday's violent US selloff was so sharp that US stocks are now back to where they were in the middle of January after peaking in September. And as noted earlier, the rout has spread with stock markets in the rest of the world following lower.