Monday Afternoon Links

[Reuters] Wall Street plunges as US recession fears hurt risk appetite

[Reuters] Yields rebound on Goolsbee comments, solid services sector data

[Yahoo/Bloomberg] Stocks Around the World Are Swept in Risk Selloff: Markets Wrap

[Reuters] Global market rout has more to do with end of cheap funding than US economy

[Yahoo/Bloomberg] Treasury Rally Ignites Debate on How Fast Fed Needs to Cut Rates

[Reuters] Fed's Goolsbee sees risk of waiting too long to cut rates, downplays recession fears

[Yahoo/Bloomberg] US Services Activity Expands at Modest Pace as Orders Rebound

[Yahoo/Bloomberg] Storm Debby Threatens to Flood US East After Hitting Florida

[Yahoo/Bloomberg] Tech ETFs That Drew Billions Are Battered by Losses Hitting 60%

[Yahoo/Bloomberg] Iran Says It Wants to Punish Israel But Avoid All-Out War

[WSJ] Unraveling Trades Fuel Global Market Rout

[WSJ] Is This 1987 All Over Again? What’s Driving the Market Meltdown?

[WSJ] Iran Warns Pilots to Avoid Airspace as Middle East Awaits Attack

[FT] Netanyahu is prepared to escalate in the Middle East