“Sea of Red”: Global Stocks Tumble After Dismal Chinese Data, Broadcom Bust

One day after traders were greeted by a sea of green – on potential world war news after the latest false flag incident in the Persian Gulf with which the Saudis achieved two goals: higher oil prices and the US preparing to attack their sworn enemy – we are back to the sea of red as global stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows after the latest dismal Chinese data dump sparked fears about the health of the global economy and concerns of a new U.S.-Iran confrontation intensified (which, by the way, was somehow bullish for risk yesterday).

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