Markets: What Triggered The Latest Whack

At to the lowest degree I convey my soybeans.

DJIA down  602.39 (-2.33%) at 25,224.04
S&P 500 downwards 66.00 (2.37%) at 2,724.37

From ZeroHedge: 
"Collapse Of Civilisation Is On The Horizon" World Leaders Warned

Oops, incorrect ZH headline. Let's drive again: 

Here Is What Triggered Today's Sudden Stock Liquidation

Earlier this morning, Nomura's Charlie McElligott noted something which inward retrospect was quite prophetic: the cross-asset strategist highlighted that his Risk Parity model showed that the market's close of import strategy is inward "de-risking" vogue equally the economical wheel turns sharply:

In a positioning confirmation / “nod” thence to this growth- in addition to inflation- slowdown scenario, it is lastly worth noting that nosotros run into our Risk Parity model having added enormous notional size inward global Government Bonds (USTs in addition to JGBs) over the past times month, against real large selling of global Equities in addition to Credit.

The implication, in addition to confirmation judging past times today's market, is that the merchandise was a long means from finished, looking at the recent peril parity deleveraging inward equities...

... offset past times buying of gov't bonds.

But patch ongoing (relatively slow) peril parity deleveraging may explicate the pressure level on the marketplace over the past times month, the argue for the precipitous waterfall inward USA stocks only afterwards 12pm ET...

... has to produce alongside approximately other systematic "trader" type inward the market: namely the much faster CTAs.
As McElligott writes inward a follow-up note, he notes that Nomura's CTA Trend model "is 1 time to a greater extent than deleveraging massive notional inward long USA Equities expressions across SPX, RTY in addition to NDX live."...

...MORE

The soybeans reference is to a dyad Lord's Day posts afterwards the G20 word but earlier yesterday's large gap open:
Sunday, Dec. 2 
Yuan Surges In Early Trading, Signals 2800 Open For The S&P 
We cautiously caution, live cautious.

The existent activity inward equities, in addition to belike all fourth dimension highs for the indices volition come upwards inward the get-go quarter of 2019....

Sunday, Dec. 2
Trade Talks: Grains in addition to Beans 
More peril of an extended motion here, over the side past times side few weeks, hither than inward equities, run into afterwards the jump.... 

Beans upwards approximately other 5.25 cents at 911.00:

FinViz