{"id":30580,"date":"2018-02-06T09:00:05","date_gmt":"2018-02-06T14:00:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=30580"},"modified":"2018-02-06T09:00:05","modified_gmt":"2018-02-06T14:00:05","slug":"euphoria-turns-to-terror-dow-to-open-750-points-lower-as-vix-eruption-accelerates","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=30580","title":{"rendered":"&#8220;Euphoria Turns To Terror&#8221;: Dow To Open 750 Points Lower As VIX Eruption Accelerates"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-02-06\/euphoria-turns-terror-dow-open-750-points-lower-vix-eruption-accelerates\"><span class=\"field field--name-title field--type-string field--label-hidden\">&#8220;Euphoria Turns To Terror&#8221;: Dow To Open 750 Points Lower As VIX Eruption Accelerates<\/span><\/a><\/h3>\n<\/div>\n<div id=\"block-zerohedge-content\" class=\"block block-system block-system-main-block\">\n<article class=\"node node--type-article node--view-mode-full\" role=\"article\">\n<footer class=\"node__meta\"><\/footer>\n<div class=\"node__content\">\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><em>Update: <\/em><strong>VIX SURGES ABOVE 50 FOR FIRST TIME SINCE AUGUST 2015<\/strong><\/p>\n<p>* * *<\/p>\n<p>It&#8217;s a bloodbath, with the Dow set to open 750 points lower &#8220;thanks&#8221; to the +377 fair value&#8230;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/markets%202.6.jpg\" \/><\/p>\n<p>&#8230; but it could have been much worse, with S&amp;P futures actually trading toward the highs of the overnight session after tumbling an additional 3.5% from Monday&#8217;s close, as risk assets around the world crashed then modestly rebounded even as traders remain on edge over what the implosion in the vol complex means for everyone.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/ES%202.6.jpg\" \/><\/p>\n<p>World stock markets nosedived for a fourth day running on Tuesday, <strong>having seen $4 trillion wiped off from what just eight days ago had been record high values.<\/strong><\/p>\n<p>&#8220;Playtime is officially over, kids,&#8221; analysts at Rabobank said. \u201cRising volatility painfully reminds some investors that one-way bets don\u2019t exist.\u201d<\/p>\n<p>&#8220;Since last autumn, investors had been betting on the \u2018Goldilocks\u2019 economy &#8211; solid economic expansion, improving corporate earnings and stable inflation. But the tide seems to have changed,\u201d said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.<\/p>\n<p>Meanwhile, &#8220;The euphoria has turned to terror.&#8221;<\/p>\n<p>There was a modest bound in European bourses, which opened sharply lower in the wake of the largest ever point loss in Dow Jones Industrial Average history. London\u2019s FTSE 100 lost 3.5% at the opening bell, with every constituent falling and financial stocks hit hardest. The Europe-wide Stoxx 600 fell 2.2 %, while Frankfurt\u2019s Xetra Dax 30 fell 3.5%, before recouping some losses.\u00a0 As of this writing, core European cash equity markets trade around -1.5%\/-2.0%.<\/p>\n<p>In fact, as Bloomberg notes, <strong>the Stoxx Europe 600 Index at one point today slumped the most since Brexit, <\/strong>with every industry sector falling as much as 2 percent.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Euphoria Turns To Terror&#8221;: Dow To Open 750 Points Lower As VIX Eruption Accelerates Update: VIX SURGES ABOVE 50 FOR FIRST TIME SINCE AUGUST 2015 * * * It&#8217;s a bloodbath, with the Dow set to open 750 points lower &#8220;thanks&#8221; to the +377 fair value&#8230; &#8230; but it could have been much worse, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[216,1138,1141,4318],"class_list":["post-30580","post","type-post","status-publish","format-standard","hentry","category-economics","tag-dow","tag-stock-market","tag-vix","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30580"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30580\/revisions"}],"predecessor-version":[{"id":30581,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30580\/revisions\/30581"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}