“Good news” it would appear in the exuberant ISM and construction data, has morphed into bad news now that Europe has closed and US equities are tumbling. Despite the best efforts of VIX and JPY, the S&P 500 cash index just broke below the crucial 2,000 level.
S&P breaks back below 2000…
and JPY carry is not helping…
Neither is VIX…
* * *
Retirement off…
via Zero Hedge http://ift.tt/1plNi7F Tyler Durden