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Large speculators were net short nearly 82,000 futures contracts, and VIX is near its all-time low.
Investors withdrawing money from U.S. stocks and holding cash, as some industries lose the most market cap since 2008.
Fed Bank of St. Louis president says Fed should continue buying bonds because growth is slower than expected.
Many more U.S. companies expect profits to trail estimates than to exceed them.
Instead, U.S. companies boost spending on plants and equipment to a record.