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News Link • Economy - Economics USA

Selloffnado: Perfect Macro Storm Clobbers Stocks

•, by Tyler Durden
 30Y Treasury yield - biggest 4-day yield compression in 15 months

Dow Transports - biggest single-day loss in ~5 months (2nd worst in 11 months)

Nasdaq - 2nd worst day in 10 months

AAPL - worst day in 3 months (2nd worst day of 2013)

USDJPY - biggest gain in JPY in 10 weeks

WTI - biggest single-day gain in 10 months

Financials - worst day in 10 months

In no particular order: Weak (and strong) US data (good or bad news?), War, Taper (Treasuries 'special'), Debt Ceiling, German elections, New Fed Chairman, imploding developing markets and collapsing global currencies... (S&P 500's first close <100DMA in 2013) it is on...

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