A few days ago we talked here about the Global Appetite for Risk and the carry trade and Google and hamburgers. Today Google, the EUR/JPY, and probably everything else except oil futures took a dive.
You can click on the chart to make the abhorrent damage look even bigger:
Like we said the other day, when traders around the world give up on risk, they give up on it across the board. They don't just freak out in one sector. They vomit their investments out all over the place.
