​Black Monday: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History – Tyler Durden

Black Monday: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History Good morning and welcome to a global market meltdown, sparked by last week’s catastrophic BOJ decision to hike rates by 0.15bps which in turn crushed the $20 trillion yen carry trade, sent the yen exploding higher and wiping out trillions in highly levered investments, leading to a cascade of selling and forced liquidations which has resulted a historic market crash in Japan and a rout everywhere else.  In the US, futures are sharply lower with tech plunging as the global AI/Semis trade – itself a…  — Continue at ZeroHedge News : Read More