‘I Come Back To You Now’: Kolanovic Returns, Everyone Panics

Well, it would be virtually impossible to come up with a better clip than this one to sum up today's action in the US:   As detailed here earlier, JPMorgan's own Marko Kolanovic, known affectionately as "Gandalf" appears to have triggered a rather abrupt turn in sentiment at 12:30 EST when his latest note began circulating among traders. "I come back to you now"... "Volatility near or at record lows by a handful of measures should g