Now for the scary shit...
Once again, the strong dollar is monkey hammering global assets while importing deflation into the U.S...
The scariest chart of the day, global deflation as imputed from TIP / Treasury ratio (weekly):
Which begs to view this chart of oil with deflation:
European banks with deflation:
U.S. banks:
Treasury bond price:
Transports are getting monkey hammered...
Monthly:
Liquidation visualized
Down volume / up volume:
We know why volatility was low. Today:
Stoned zombies came back from the weekend and bought the island reversal of fortune with both hands. And as we see from volume - eerily identical to Friday's - "someone" was selling with both hands...