Bank Bloodbath Batters Stocks; Bonds, Bullion Bounce As Trumpcare Vote Doubts Rise



Tyler Durden's picture

Does this look like policy ‘success’ or ‘failure‘?

 

VIX is jumping as stocks sink…

 

And Bank stocks are collapsing…

 

With the Financials ETF breaking below a key technical level…Bank stocks have now gone nowhere since Dec 8th.

 

Lots of chatter about selling due to doubts on TrumpCare passing on Thursday – which will delay the tax reform foundation that the market is settled on (and any banking system reform).

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