Stocks, Bond Yields, & Black Gold Tumble At US Open

Weak Chinese data and Delta concerns weighed on markets overnight, and the utter chaos in Afghanistan is not exactly confidence-inspiring and Small Caps are leading the charge lower in US equity markets as they open.

All the majors are lower this morning…

As Bond yields tumble back to one-week lows…

Source: Bloomberg

Gold is rallying on the uncertainty…

But oil is ugly…

The sudden emergence of taper talk is also not helping matters. Get back to work Mr.Powell!