Weak Chinese data and Delta concerns weighed on markets overnight, and the utter chaos in Afghanistan is not exactly confidence-inspiring and Small Caps are leading the charge lower in US equity markets as they open.
All the majors are lower this morning…
As Bond yields tumble back to one-week lows…
Source: Bloomberg
Gold is rallying on the uncertainty…
But oil is ugly…
The sudden emergence of taper talk is also not helping matters. Get back to work Mr.Powell!
