This Is The Headline That Broke Today’s Downward Momentum

You know it’s bad when… the red flashing headline that sparked the accelerating downward momentum in US equity markets to stop and reverse on a dime is…

  • *JAPAN TO DOWNGRADE ECONOMIC ASSESSMENT IN APRIL REPORT: NIKKEI

Proving once again how insanely non-sensical this bad-news-is-good-news market has become. Fundamentals, schmundamentals. However, as we noted here, this bad news is not going to lead to the good news that stocks are hoping for…

 

 

What a farce!

 

Chart: Bloomberg




via Zero Hedge http://ift.tt/1eLJWaj Tyler Durden

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