Markets took another roller coaster ride today with indexes, turning impressive early gains into putrid losses. Classic bearish behavior. The Nasdaq finished lower, off 42 handles from its intraday high, and the S&P 500 finished flat, giving back 15 handles from its session high. News of a Chinese interest rate cut gave markets premature enthusiasm (soft or hard landing over there? I just care about my plane making a soft landing Sunday evening in Shanghai), but it was short lived. Read the Rest…

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