from Zero Hedge
Once again, US equities have given up the ‘great’ jobs report gains and are plunging fast with The Dow sufferung its worst day in 6 weeks. FX markets are turmoiling (USDJPY <108) and bond yields are collapsing to on-month lows. European and US banks are tumbling as despite Dimon’s bottom and the coordinated ease-fest of the world’s central banks, investors prefer to sell a multi-trillion dollar opaque hole of derivatives debacle-ness that buy it. As one veteran trader put it, the central banks’ plans “are coming apart at the seams.”