{"id":30690,"date":"2018-02-08T16:26:45","date_gmt":"2018-02-08T21:26:45","guid":{"rendered":"http:\/\/olduvai.ca\/?p=30690"},"modified":"2018-02-08T16:26:45","modified_gmt":"2018-02-08T21:26:45","slug":"bloodbath-dow-crashes-over-1000-points-enters-correction","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=30690","title":{"rendered":"&#8220;Bloodbath&#8221; &#8211; Dow Crashes Over 1000 Points, Enters Correction"},"content":{"rendered":"<div id=\"block-zerohedge-page-title\" class=\"block block-core block-page-title-block\">\n<h3 class=\"page-title\"><span class=\"field field--name-title field--type-string field--label-hidden\"><a href=\"https:\/\/www.zerohedge.com\/news\/2018-02-08\/extreme-fear-strikes-stocks-credit-crashes-10-month-wides\">&#8220;Bloodbath&#8221; &#8211; Dow Crashes Over 1000 Points, Enters Correction<\/a><\/span><\/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--sticky node--view-mode-full\" role=\"article\">\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><strong><u>Dow crashed over 1000 points today&#8230;.<\/u><\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-08_13-00-05.jpg?itok=eX3NJd5J\" \/><\/p>\n<p>All 2018 gains are gone&#8230;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-08_13-15-28.jpg?itok=6u0tHtY-\" \/><\/p>\n<p>Time for &#8220;Markets In Turmoil&#8221; special&#8230;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-08_13-11-05.jpg?itok=FB7xefBY\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-05.png?itok=HFp8AS9H\" \/><\/p>\n<p>Markets &#8220;turmoiled&#8221; again today as Treasury yields spiked on a weak auction and the implications of a budget deal that means more supply is coming. This spooked stocks once again and XIV, the Inverse ETF, tumbled at the open &#8211; after ramping stocks delusionally into the open. As stocks got monkey-hammered again, so bonds were bid and ended with a relatively small rise in rates as plunges in Risk-Parity funds likely prompted forced delevering in stocks and bonds. Perhaps most notably, credit spreads started to snap wider and rate volatility spiked as equity market contagion spreads.<\/p>\n<div class=\"max-width-video-wrapper\">\n<div class=\"fluid-width-video-wrapper\"><iframe loading=\"lazy\" id=\"fitvid508277\" src=\"https:\/\/www.youtube.com\/embed\/M5QGkOGZubQ\" width=\"300\" height=\"150\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<p><strong>Investors have swung from &#8220;extreme greed&#8221; to extreme fear&#8221; in a record few days&#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-08_11-33-14.jpg?itok=ly5rvteN\" data-image-external-href=\"\" data-image-href=\"\/sites\/default\/files\/inline-images\/2018-02-08_11-33-14.jpg?itok=ly5rvteN\" data-link-option=\"0\"><img decoding=\"async\" src=\"https:\/\/www.zerohedge.com\/sites\/default\/files\/inline-images\/2018-02-08_11-33-14.jpg?itok=ly5rvteN\" \/><\/a><\/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;Bloodbath&#8221; &#8211; Dow Crashes Over 1000 Points, Enters Correction Dow crashed over 1000 points today&#8230;. All 2018 gains are gone&#8230; Time for &#8220;Markets In Turmoil&#8221; special&#8230; Markets &#8220;turmoiled&#8221; again today as Treasury yields spiked on a weak auction and the implications of a budget deal that means more supply is coming. This spooked stocks once [&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":[216,7551,274,2228,1138,4318],"class_list":["post-30690","post","type-post","status-publish","format-standard","hentry","category-economics","tag-dow","tag-dow-jones-industrial-average","tag-equity-market","tag-market","tag-stock-market","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30690","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=30690"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30690\/revisions"}],"predecessor-version":[{"id":30691,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30690\/revisions\/30691"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}