by John Galt
January 18, 2016 21:10 ET
Bloomberg just broadcast the number moments ago:
With bad good news like this, apparently the expectation is the Federal Reserve will respond and bail out the world. All is well, remain calm.
Of course markets are rallying expecting a massive central bank bail out rally tomorrow where the Fed buys SPY options like Bill Clinton rents interns. Thus remain calm, all is well, and short into these rallies to make even more money (allegedly):
Of course the US Dollar Index calls BS and rallies immediately:
Thankfully the long predicted dead cat bounce (damn you dead cat I said bounce) has happened in the overnight futures:
Stay tuned, this could get fun!