Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

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Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

Well that escalated quickly…

The Dow is now down over 1000 points since the dismal Manufacturing ISM print…

Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

Trannies are worst for now but S&P, Dow, and Nasdaq are all down over 2%…

Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

Treasury yields are also sliding…

Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

Source: Bloomberg

And the market weakness has sent rate-cut odds soaring…

Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

Source: Bloomberg


Tyler Durden

Wed, 10/02/2019 – 12:57

Dow Dumps 1000 Points Since Catacl-ISM, Rate-Cut Odds Soar

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Author: HEDGE

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