Sooner or later the party has to end. Did they just have last call in the emerging markets?

Is the unwind here? It appears so. It’s coming sooner or later anyway and people are coming to terms with this. “Sentiment” is shifting.

Asia is down solidly again today. Europe less so but for the most part still down.

At this moment in America traders are throwing down cups of coffee. The Jack Daniels waits in the liquor cabinet, ready, depending on the action today.

(From Zerohedge.com)

In a globally interlinked economy it would be “naïve” to believe that the big beneficiaries of this “monetary excess” in recent years would be immune to the “punch bowl” no longer being refilled constantly.

Click here for the article.