Vince Veneziani of Business Insider
After a decent opening and respectable gains on the the major markets have reversed course sharply, in part coinciding with a reversal in the dollar.
Each of the indices are off about 1%.
The real carnage is in the banking sector, as JPMorgan (JPM), Bank of America (BAC) (down 5%), Wells Fargo (WFC), and Citigroup (C) are all falling.
