Well, things took a decisive turn for the worst just after the European open, with futures dipping pretty sharply as shares across the pond declined.


The early morning swoon comes as both the Stoxx 600 and the DAX trigger death crosses…


… and on the heels of a mixed Asia session, that saw Japanese shares trail regional peers amid ongoing political turmoil tied to that ridiculous grade school land scandal. The Nikkei was down nearly 1%.

For those of you who wanted to start your week on bearish note, below find the latest from Bloomberg’s Mark Cudmore who isn’t necessarily known for his dour outlook, but turned cautious ahead of February’s rout (because didn’t we all?)….

Via Bloomberg

Almost all the most important inputs point to lower prices for global equities before the bulls can regain control.

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