Asian Stocks In Tuesday Bloodbath As Risk-Off Returns With A Vengeance

Suffice to say China's ongoing efforts to jawbone markets higher fell on deaf ears Tuesday. After a rousing rally sent mainland shares surging by the most since March 2016 to start the week, Chinese shares tumbled with other regional benchmarks amid souring sentiment and geopolitical angst. The Shanghai Composite dove 2.3% on Tuesday, erasing more than half of Monday's rally. Judging by the fact that losses accelerated in the latter half of the day, the National Team was either absent or ineff