Well that didn’t take long. At yesterday’s close, every talking head was proclaiming the growth sell off over and “see” the Fed is as easy as we said… however, this morning (after dismal data out of Japan and China) US equities have been a one-way street lower. If the world is relying on a post-cold-weather rebounding US economy to be the engine of growth… is it any wonder they are selling “growth” and buying bonds… Nasdaq and Russell have give up all their FOMC minutes gains and Momos and Biotechs are being monkey-hammered…
and Momos are gettng smashed…
via Zero Hedge http://ift.tt/1oQ5xIc Tyler Durden