Things just went a little bit turbo in the world financial markets.

WTI crude continues its crash…  and precious metals are surging today

High yield bond prices are now below the Bullard lows of mid-October and spreads back at their widest since Oct20th.

Stocks are tracking USDJPY lower tick for tick despite a US open to EU close pump-and-dump.

as all major equity indices are tumbling

Bond yields are collapsing…

*  *  *

Things do not look great…

Charts: Bloomberg