​Stocks End August Flat After Early Collapse; Bonds & Gold Soar On Rate-Cut Hopes – Tyler Durden

Stocks End August Flat After Early Collapse; Bonds & Gold Soar On Rate-Cut Hopes The S&P 500 traded in a 500+ point band in August (about 10%) as investors first became very concerned that an imminent recession was being ignored by the Fed, before becoming more convinced that a recession may not be that imminent and the Fed is poised to cut rates at its September meeting. Along the way, the Nikkei dropped 12% in one day (only to reclaim almost all the lost ground by today, Sep-30) and the VIX spiked above 60 before receding back to 15 as…  — Continue at ZeroHedge News : Read More