via Zerohedge:
While the catalyst for this sudden move is unclear, the fact is a notable regime shift is underway today in factors as the long-momo-short-value trade is reversing fast as Treasury yields tumble.
Is this the start of a September-like reversal?
Notably the almost incessant rise in low-vol strategies is getting hammered today…
As all the insane high-flyers are getting hammered…
And that is weighing down the overall market…
And Nasdaq is collapsing…
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