NO ONE EXPECTS THE SPANISH INQUISITION:

The Monty Python team must have been thinking about the markets when they wrote their famous Spanish Inquisition skit.

Everything’s going swimmingly, no reason to suspect anything out of the ordinary and then, bam, in blows Torquemada and his malign torturers. Monty Python made it funny. But when investors get hit by their own version of the Inquisition, they’re unlikely to be left laughing.