US Stocks Erase All Post-QE3 Gains, Tumble To Fed Balance Sheet ‘Reality’ Once More

by Tyler Durden
ZeroHedge.com
Jun 27, 2016

For the first time since early March, The Dow dropped back near 17,000 earlier (down over 1000 points from the pre-Brexit peak) with a modest bounce off the EU close lows. However, this plunge across risk assets has erased all post-QE3 gains with Trannies down 20% since Oct 2014. Having been almost 200 points ‘rich’ to the Fed balance sheet, it appears reality is setting in once again and risk is mean-reverting.

The Rest…HERE

This entry was posted on Monday, June 27th, 2016 at 1:15 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.