Bat Scratch Fever: Asia Pummeled Overnight As Dow Set For Another Bite (Treasury Volatility At 4 Year High)

Bat scratch fever  is still raging. The Nikkei fell 3.67% last night and Dow futures are down 1.304% 8am EST.

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The VIX is skyrocketing!

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And Merrill Lynch’s Treasury volatility index just hit its highest level in 4 years.

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The bat scratch fever is leading markets to anticipate a rate cut from The Fed.

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It is almost as if Godzilla has attacked Asia again.

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