Stocks, bonds, gold, bitcoin and the US dollar fell as markets recoiled amid confusion about the path ahead for the economy and the Federal Reserve. tastylive's Head of Global Macro Ilya Spivak breaks down what the price action across global financial markets seems to say about why traders are panicking, and what is likely to come next.

Stocks, bonds, gold, bitcoin and the US dollar fell as markets recoiled amid confusion about the path ahead for the economy and the Federal Reserve. tastylive's Head of Global Macro Ilya Spivak breaks down what the price action across global financial markets seems to say about why traders are panicking, and what is likely to come next.

Markets faced a harsh selloff as Fed rate cut probabilities dropped. We analyze the broad decline across stocks, gold, silver, and crypto. Is this a buying opportunity or is more pain ahead?