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"This Looks More Frightening": Global Stock, Bond Selloff Accelerates Amid Risk-Parity Rumblings

"This Looks More Frightening": Global Stock, Bond Selloff Accelerates Amid Risk-Parity Rumblings

Yesterday's Japan flash-crash inspired selling continues for a second day, with global equities - and bonds - sliding early Friday on concerns U.S. tax reform - and corporate tax cuts - will be delayed after Senate Republicans unveiled a plan that differed significantly from the House of Representatives’ version. After suffering their biggest plunge in 4 months on Thursday, European stocks failed to find a bid along with Asian stocks, while U.S.

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