BofA Financial Stress Index Spikes As Central Bank Fears Mount (Fed Hike In Play For December)

It is Monday afternoon and markets are still processing the news from Mario Draghi and the ECB.
Here is what we know. The BofA Merrill Lynch Global Financial Stress Index just soared upwards by the most since China’s yuan devaluation in August last year.
And the VIX short index fell as well.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ September 12, 2016.