How to correlate the selloff in the equity market with what has happened in the US? Is it a linear correlation or were markets looking for an excuse and today they got one?
The first phase of reflation trade is coming to an end and this is a phase when the economy is in a bad condition, central bankers are trying to douse the fire by keeping interest rates suppressed and flooding the economy with a lot of money. Result was most of the bottom up investors looked at the markets ..
