A couple of light releases to move things along in European trading

The yen is the lead gainer on the day, building from yesterday’s performance as risk trades slumped. The S&P 500 index fell by 1.4% and Nasdaq by 2.5% as tech stocks were battered.The mood is calmer today but USD/JPY did see a drop under 114.00 and has stuck below that since. Price is down 0.4% to 1

Kyle Bass says there is no way the US stock market goes up this year

Dow Jones/Market Watch spoke on Thursday US time. On the Fed and stocks:
“With interest rates concurrently with quantitative tightening, there’s no way the stock market goes up this year — it probably goes down pretty aggressively, if they stick to that plan,”
“I think they are going to have to bac