Re:A Brief History of the Hedge Fund
by rsync on Tuesday March 23, 2021 @11:58AM
(#26556552)
"Despite the pandemic and everything else going on, there was no market crisis last year."
There absolutely was a crisis. Perhaps several, depending on how you break up the time period.
The crises were very short lived and did not have much long term impact but, make no mistake: the VIX shooting to almost 90, oil pricing dropping below zero and continued instability in the repo market / money market rates ... those were all crises and they were, indeed, global.
There absolutely was a crisis. Perhaps several, depending on how you break up the time period.
The crises were very short lived and did not have much long term impact but, make no mistake: the VIX shooting to almost 90, oil pricing dropping below zero and continued instability in the repo market / money market rates ... those were all crises and they were, indeed, global.