​Stocks & Bond Yields Puke Amid ‘Most Volatile Earnings Season’ Since GFC – Tyler Durden

Stocks & Bond Yields Puke Amid ‘Most Volatile Earnings Season’ Since GFC …well that escalated quickly… Bad (macro) news was bad news today as jobless claims surged, manufacturing surveys slumped, and construction spending tanked, sending rate-cut expectations higher… Source: Bloomberg …but apparently prompting growth-scare anxiety that punched US equity markets in the face. Small Caps crashed 4%, Nasdaq 3% and The Dow and S&P down 2%… This was the S&P 500’s worst start to August since 2002. The S&P broke back below its 50DMA… …and the Nasdaq dumped back to its 100DMA… Yesterday’s short-squeeze on The Fed was eviscerated as…  — Continue at ZeroHedge News : Read More