Dow Collapses 1300 Points Since Catacl-ISM, Oil & Bond Yields Plunge, Rate-Cut Odds Soar

Since ISM manufacturing disappointed, The Dow has plummeted 1300 points to its lowest since August...

Trannies are worse on the week, down over 6%...

Nasdaq and Dow broke their 200DMA (Russell 2000 already well below 200DMA) and S&P testing down towards 200DMA...

Bond yields are tumbling...

Source: Bloomberg

And crude is dropping...

As gold gains...

As rate-cut odds soar to 87%...

Source: Bloomberg