And Now Market Tumbles, As News Of Ukraine Deaths Spook Algos
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Despite the best efforts of the straight-line panic buying algos on a Tuesday, it seems flashing red headlines of dreadful escalations in Ukraine (more deaths), from Bloomberg:
...and USDJPY tagging 102 again (of course) were enough to spark the manic idiocy of markets from buy-buy-buy to sell-it-all-Mortimer... So much for yesterday's "see it's all good now" ripfest... The Russell 2000 is back at yesterday's lows and NASDAQ is back under 4000.
Wondering why?
"Fun-durr-mentals"
However, there is still hope:
If by Ukraine authorities he means the CIA, he is out of luck.
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