Stocks, Bonds, & Bitcoin Jump On China 'Hope', Powell 'Nope', & Trump 'Rope-a-Dope'

Tl;dr: Dude, WTF! 

A chaotic day as liquidity did pick up a little in stocks (top of book is improving off lows at $4.6mm according to Goldman) as headline roulette reigned for US equities:

"It's not the economy; it's the fearmongering, stupid!"