AAAD

We’ll get to that fishy headline shortly, but bear with me for a moment first.

Monday background

Lucky 13, right – who said that?

There was a bit of hope yesterday, 14 June…

… ahead of US trade – “Stock futures rebound, but traders remain wary as S&P 500 drops into bear market” – but that was short-lived.

The three main US index futures up 0.5%-0.9%, the dead-cat-bounce bullishness soon vanished after a disastrous, risk-off Monday.

Another illusion  

And then Tuesday 14 June was another day ...

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