Through tech, but a number of others staples getting naileded even banks gave up much of yesterdays gain if rates continue to rise on fears of Central Banks, can stocks continue to rally or will with see another taper tantrum like sell off. I think if you go back to the taper tantrum of four years ago, which is when we coined this annoying term, the s p pulled back about 5 , but bottomed literally almost four years ago today. Other Asset Classes sold off 15 . We went from 165 on the tenyear up to 3 could duo that here . I dont think so but i think what you have here is the central bank across europe and across the boe. We talked about this all week. This has been the story all week not just today bond yields move up 80 . I think the its a great environment for banks. For reflation trades i think emerging markets will do better this time will equities be unnerved for the next week or two if this continues . Absolutely what you saw today about 7 00 in the morning, bond futures really tak
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