faapldKERRY bloviating some more empty threats and we get:

  1. John Kerry says, “Russia doesn’t yet have forces for Ukraine Takeover.
  2. USD/JPY carry trade tanking over 100 bps to 101.70
  3. China Warns West Not To Enforce Actions Against Russia

Let the games begin  folx! Everybody’s workin’ for the weekend, yeah! DOW -163, S&P -16.16, CBOE Volatility jumps a mere +9.05% and it is only mid-day in Gotham City.