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What Goes Up (Slowly On No Volume) Plunges Quickly

Yesterday's 'odd' gains in stocks amid dismal data and weakness across every asset class have been entirely erased this morning... in a hurry...

 

Futures tanked overnight following weak China data and European downgrades...

 

And cash markets are seeing no bounce at the open...

 

Since The Fed (and BoJ) Bonds & Bullion are surging...