Tuesday, February 9, 2016

Global Markets Stunned By Biggest Japan Crash Since 2013; All Eyes On Deutsche Bank

This is what Alphaville's David Keohane was pointing out earlier today and which the markets seemed, rather blithely, to ignore.
From FT Alphaville:
Tin hat time in Japan?
Which was followed by:
Tin hat time… everywhere?
They aren't ignoring it now.

From ZeroHedge:
With China offline for the rest of the week, global markets have found a new Asian bogeyman in the face of Japan which as reported last night saw its markets crash, and the Yen soar, showing that less than 2 weeks after the BOJ unveiled NIRP, yet another central bank has lost control....