Hedge funds tracked by Goldman Sachs offloaded US equities for 7th straight day, dollar amount of selling over last two sessions not seen since 2008.
DoubleLine Capital CEO Gundlach said the Fed should raise its target interest rate to 3% calling for a hike dramatically larger than most predicting.
Stock markets may have become too pessimistic about corporate earnings despite the gloomy outlook for the global economy.
Epic rout that has wiped out about two-thirds of Bitcoin’s value is exacerbating the debt crisis in the world’s most crypto-friendly country.