China Selloff Threatens $27 Billion of ‘Snowball’ Derivatives

Structured products tied to China indexes at risk of losses Hitting knock-in level may trigger selling of index futures Another 10% decline in a major Chinese equity gauge may trigger a wave of selling in index futures tied to structured products, adding fresh risks to the slumping stock market. Investors face losses in complex “snowball” …

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Megacaps Join Widespread Tech Selloff: $GOOGL Plummets 10% in Worst Day Since 2020

Megacap stocks are now aligning with the broader market’s downward trend, highlighting a significant shift. As reiterated, the path forward seems to depend on two potential scenarios: either interest rates experience a substantial and unexpected decline from their current levels, or the valuations of these high-flying stocks face a profound reappraisal. Agreed 100%. Chart below …

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