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EEH - Not On The Verge Of Another 2008 Market Event
Aktiebolaget Svensk Exportkredit Elements Linked to the SPECTRUM Large Cap U.S. Sector Momentum Index developed by BNP Paribas due Augu
Reading the headlines this week around the 800 point drop in the Dow, which was the largest point drop ever in one day, but - I think the source was Charlie Bilello at Pension Partners - who noted that in percentage terms - the same day was the 388th largest percentage decline for the Dow.
So, not that big of a deal.
The financial media talking about the 2-10s (Treasuries) curve inversion was almost laughable: per one source, the 2-10s inverted by 1 basis point in the morning, but the spread closed the day positive