What does the blue tsunami mean for markets?
TME leads us off. Extreme markets Extreme moves across the board. SPX futures are printing a massive hammer, semiconductor valuations have collapsed more than 40%, Korean memory stocks have been crushed and sentiment is approaching capitulation. Meanwhile, oil is suffering its worst four-day selloff since COVID, with systematic selling pressure mounting. The tension is building: The post What…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
