{"id":243878,"date":"2024-08-05T11:26:10","date_gmt":"2024-08-05T15:26:10","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=243878"},"modified":"2024-08-05T11:27:07","modified_gmt":"2024-08-05T15:27:07","slug":"black-monday-futures-plummet-as-vix-hits-62-japan-suffers-worst-point-drop-in-history-tyler-durdens-photo","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=243878","title":{"rendered":"

BLACK MONDAY: Futures Plummet As VIX Hits 62, Japan Suffers Worst Point Drop In History<\/b><\/h2>"},"content":{"rendered":"

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READ HERE<\/a><\/strong>: Good morning and welcome to a global market meltdown, sparked by last week’s catastrophic BOJ decision to hike rates by 0.15bps which in turn crushed the $20 trillion yen carry trade, sent the yen exploding higher and wiping out trillions in highly levered investments, leading to a cascade of selling and forced liquidations which has resulted a historic market crash in Japan and a rout everywhere else.<\/h3>\n
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