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"Everyone's Getting Pounded..." Until Trump Saved The Day (For Now)

Tyler Durden's Photo
by Tyler Durden
Authored...

Tl;dr: Yesterday's put-selling-driven dip-buying was inherently unstable and backed by little to no volume... which left us open to today's early chaos as everything was dumped everywhere all at once (stocks, bonds, gold, crypto) while oil (and NatGas) and the dollar spiked. A reversal on Trump's 'tanker insurance' reports saved the day, dragging everything 'off the lows'.