"You silly sod, you got us all worked up over a little [Brexit]…"
European bank stocks were a bloodbath…Worst.Drop.Ever…
But US Financials were not immune, catching down to Treasuries' reality…
US Financials are down the most since Summer 2011's US Downgrade…
Citi, BofA, and MS all spanked with GS outperforming JPM… but still ugly…
As The Dimon Bottom looms…
Since Brexit was unleashed, Bullion (+6%), and Bonds (+4%) are dramatically outperforming as Cable and Financials make new lows…
Nasdaq is down over 7% since Brexit…
Trannies are the worst cash index since Brexit…
Dow is down over 1000 points…
Every affort was made to keep the S&P 500 above 2,000…
Treasury yields continued to plummet post-Brexit…
With 2s10s at it slowest since Nov 2007…when the last recession started!
The USD Index spiked to 3 month highs…
This is the biggest 2-day spike in The USD Index since 1992…
Gold gained modestly on the day as crude tumbled…
Seriously… every single fucking day…
Charts: Bloomberg
via http://ift.tt/2939XKZ Tyler Durden