Maybe Everything’s Not “Fixed” – S&P Loses 2,000 Level As Kuwait Spoils The Party
by Tyler Durden
ZeroHedge.com
12/16/2014
The epic melt-up in US equities stalled “surprisingly” exactly as Europe closed and the EURJPY-pumpathon, VIX-dumpathon instantly reversed… because it’s not rigged at all. The other driver – a dead-cat bounce in Crude – has also stalled as Kuwait’s oil minister confirmed no new OPEC meeting until June (hardly good for oil expectations of a production cut any time soon with in OPEC). 5Y5Y inflation breakevens continue to free-fall in US, Japan, and Europe.
The Rest…HERE