Stocks Collapse To Fresh 2014 Lows

Bad (ADP) news was good news but good (ISM Service) news is devastating and stocks are collapsing to fresh 2014 lows this morning as high-beta hope trades unwind en masse. The small-cap Russell is underperforming. All indices are now notably negative from the December taper. The Dow is down 7.4% in 2014! VIX is back over 20.5% 


An ugly year so far…


All red from the Taper…


via Zero Hedge Tyler Durden

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