Another domino falling.
Chinese stocks just broke down from a 4-year support.
China is on the verge of a banking a currency crisis.
We haven’t seen anything yet. pic.twitter.com/rOBHhliCAW
— Otavio (Tavi) Costa (@TaviCosta) March 9, 2020
CBOE SENIOR TRADING DESK SPECIALIST: WE WERE INITIALLY UNABLE TO OPEN $VIX OPTIONS TRADING THIS MORNING DUE TO ABSENCE OF LIQUIDITY FROM MARKET MAKERS
— *Walter Bloomberg (@DeItaone) March 9, 2020
Traders are wagering that the VIX hits triple digits.
By tomorrow.https://t.co/dHscULYbSd
— Luke Kawa (@LJKawa) March 9, 2020
What the ECB could do:
1. Cut rates
2. Do a special SME LTRO
3. Cut the TLTRO rate
4. Increase the tiering multiplier
5. Increase CSPP
6. Increase QE
7. Increase issuer limits
8. Buy senior bank debt
9. Buy ETFs
10. If everything else fails, call Mario back from retirement— Frederik Ducrozet (@fwred) March 9, 2020
https://twitter.com/NorthmanTrader/status/1237074362735439873
FEDS to INJECT $150 BILLION per DAY to FINANCIAL MARKETS
#BREAKING New York Fed to inject at least $150 bn daily to financial markets pic.twitter.com/NYvsePE8eW
— AFP News Agency (@AFP) March 9, 2020
Deutsche Bank is on the brink of collapse. Their collapse would change the world in drastic ways overnight.
https://www.marketwatch.com/investing/stock/db
With Emphasis:
Jan 31 – "Just get out of the pool"
Feb 18 – "Something feels like it's going to break very soon"
Feb 26 – "MASSIVE DISTRIBUTION"
Feb 27 – "There’s something much bigger coming next"
Mar 6 – "Weekend Risk hasn't been this high since …"https://t.co/E7RvgklCK0— Samantha LaDuc (@SamanthaLaDuc) March 9, 2020
Russia lays out its stance https://t.co/8sBVDEXBfl
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 9, 2020
Oil price war spells danger for US junk bonds
That's a problem. $HYG pic.twitter.com/wwTxQUCvbw
— Eric Basmajian (@EPBResearch) March 9, 2020
. @elerianm warns investors not to buy the dips:
"Today will be messy because we have lost basically all our anchors…This is going to be really treacherous for a while. I would advise most retail investors to stay on the sideline. Not panic." pic.twitter.com/Ikx4CIv3yX
— Squawk Box (@SquawkCNBC) March 9, 2020