By Chris Becker
A surprisingly robust NFP print on Friday night from the US plus continued “standoff” on Greek debt did not imbibe confidence on global markets (read: did not pave way for cheap money to flood into funds), with most bourses down and only another solid day for oil providing action on the long side.
The S&P500 fell 0.3% and remains stuck in this daily distributive pattern, unable to break free or show signs of breaking down: