Andrew Busch gave a nice summary of today's market catalysts. In turn, these events are causing the 'risk-off' theme to play out.
I get this concept of 'risk-off' when the market is much higher, but right now, with companies trading at already depressed multiples and treasury yields so low, the 'risk-off' theme makes little sense to me.
(Thought the article summed everything up nicely, so I wanted to share it and save the link.)
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