"Shades Of 2000": Second-Biggest De-Grossing Ever, A $400 Billion Hyperscaler Debt-Wave, & Kospi's Wildest Month Since Lehman

In a perfectly-timed note on Thursday "The 2000 Playbook? BTIG 'Calls Time' On The Historic Momentum Crash", BTIG's Chief technical market strategist, Jonathan Krinsky, suggested momentum was poised to rebound, but even he admits he certainly didn't anticipate it to rally this sharply this quickly.

Boy, That Escalated Quickly.