Global Systemically-Important Bank Stocks Slump To 18-Mo Lows, Europe Craters

Things are starting to escalate and spread...

European stocks are at 6-month lows...

As both banks...

And tech tumble...

However, the biggest fear is that the biggest global systemically important bank stocks have just broken down to fresh 18-month lows...

How does that fit with any positive global growth narrative?