Big-Blue Black-Monday As Claude Kills Again; Banks Battered, Bonds & Bullion Bid

Chaos in Mexico didn't help much over the weekend but increased tariffs and tensions with Iran prompted a 'risk off' day today, reversing some of last week's biggest winners' gains.

On the macro side, a mixed bag again with Chicago fed National Activity Index jumping dramatically higher (into the green) while durable goods and factory orders disappointed.

Additionally,