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

Courtesy of ZeroHedge View original post here.

Well that escalated quickly…

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

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

Treasury yields are also sliding…

Source: Bloomberg

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

Source: Bloomberg

 

 

 


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