Stocks Slammed After Kabul Blast, VIX Spikes

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by Tyler Durden
Thursday, Aug 26, 2021 - 10:30 AM

Just as everyone was settling on for the long sleep through tomorrow's J-Hole speech from J-Powell, a blast at Kabul's airport has catalysed some fear and sent VIX exploding higher...

And that has sent stocks tumbling...

Gold also jumped on the reports...

Is this the beginning of the "instability cascade" that BofA warned about?