Dow Dead-Cat-Bounce Dies, Tests 2-Month Lows

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Overnight exuberance – perhaps on Trump tax comments – has been erased.

 

The Dow is testing recent lows (2-month lows) as VIX jumps and the USD, bond yield surge stalls.

 

Of course, the media would like you to ignore IBM (which accounts for 60 of the 70 down dow points).

But everything is sliding after the European close…

 

And Goldman keeps falling

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