- US stock futures are plummeting:
• Dow Jones (US30) : -3 .96%
• S&P 500: -4.39%
• Nasdaq (Tech 100): -5.13%
• Small Caps: -5.11%
It seems like we've gone straight into a recession without even knocking on the door.
- WTI oil below $60, lowest level since 2020.
- Gold fell $180 in 2 days — investors dropping everything to run to the cash register.
- Public bonds are exploding — like “hold on to fixed income”.
- As “Magnificent 7” (Nvidia, Microsoft, etc) have already sunk -35%.
- Market sentiment has reached lockdown 2020 levels — everyone is jumping ship, as if a pandemic were coming again.
🥵 Summary: everyone is running away from the incalculable. Total shit show.
"total shit show" is right.
Fucking game over