Cudmore Calls It: “The Correction Has Started”
by Tyler Durden
Mar 8, 2017
The last few days – since the post-Trump-speech spike – have seen stocks suffer the worst decline since the election (with The Dow down a ‘shocking’ 0.9%).
But there are cracks appearing (VIX, Emerging Markets, Copper, ‘hard’ macro data, and now High Yield Credit are all breaking down)…
The last 4 days are the worst for HY Credit since before the election…