There is no more room to hide when the stock market dips – The Wall Street Journal
September hurt shareholders, not only because stocks fell, but also because things they bought to protect their portfolios also fell. Starting from the S&P 500 high on the 2nd of the month, stocks, T-bills, gold, bitcoin and the VIX volatility index all fell. This total hedging failure is unusual, but investors need to get used […]
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