Syz the moment

The Volatility Index, $VIX, spiked to 59 points, the 4th highest level EVER. There were only three times when the VIX traded higher: - Great Financial Crisis - 2020 Crisis - August 2024 Flash Crash Meanwhile, the S&P 500 futures are crashing 5% in the session and are trading 22% below the peak (which means it is now in BEAR MARKET territory). Source: Global Markets Investor

$GOOGL a P/E under 15x $AAPL $AMZN are almost market multiples Source: Mike Zaccardi, CFA, CMT, MBA

It’s the Japanese stock market. Source: Geiger Capital

And the market doesn't like it 😨 🔴 Dow Futures are down 1,000 points and Asia, Cryptos are a bloodbath

Goldman's long/short stagflation basket is up 27.5% YTD, while the SP500 has dropped nearly 10% over the same period. Source: Bloomberg, HolgerZ

China has announced it will impose additional tariffs of 34% on imports from the US in retaliation for duties of the same amount unveiled by President Donald Trump this week as part of his aggressive trade agenda ▶️ The U.S. exported around $143.5 billion worth of goods to China in 2024. The category worth the most was electric machinery and sound equipment at $15.3 billion (up 31 percent from 2023). Aerospace products also saw a substantial increase year-on-year, up 69 percent to $11.5 billion in 2024. Meanwhile, mineral fuels and oilseeds and grains saw declines of 26 percent and 15 percent, respectively, since 2023. The U.S. has a trade deficit with China, meaning it imports more from China than it exports. Source: Statista, Mario Nawfal

"There will be blood"

Source: zerohedge, Bloomberg