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Thursday, March 28, 2024

Macro Weakness Sends Stocks Reeling, All Indices Red Post-MH17

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Well that escalated quickly. Friday’s micro (earnings-based) weakness has extended to today’s macro weakness and removed any “ignore the geopolitics, just buy the dips”-exuberance. All US equity indices are once again below the levels pre-MH17 headlines with the Dow and Russell 2000 worst performers. It appears investors need some reassurance that Yellen’s “price-equity” ratio is still ‘fair’.

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