Stock prices dropped sharply today, with the S&P 500 index falling 3.29% as yields edged up a couple of basis points on U.S. Treasuries. Meanwhile, Sears began arranging financing for a bankruptcy filing that is expected to occur in coming days.

CNBC: “A ‘geopolitical recession’ has arrived and the US-led world order is ending, Ian Bremmer says”
CNBC: “Sears arranges financing for a potential bankruptcy filing after 125 years”
CNBC: “Amazon scraps a secret A.I. recruiting tool that showed bias against women“