Bitcoin Bloodbath Leads Tech Stock Tumble; Gold Gouged As Credit Curve Crushed To New Lows
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hmmm....
We started the day with a gold flash-crash...
hmmm....
We started the day with a gold flash-crash...
The last week or so has seen both 'hard' real economic data and 'soft' survey data disappoint notably.
This has sent the Citi Macro Surprise Index plunging to 5-month lows with its biggest drop since 2010.
The question is - what happens to the stock market next?
Of course this is no surprise to bond traders...