Anatomy Of A Flash Crashing Black Swan

Anatomy Of A Flash Crashing Black Swan

Let's see, in 2015 there was the Swiss franc in January, German bunds in April/May, Chinese stocks over the summer, the Chinese yuan on August 11, and then global stocks less than two weeks after that. I'm talking, of course, about black swan events. Or perhaps I should say "grey" swan events because while rare, some of them were not entirely unexpected. For instance, anyone who was paying attention could see that China would need to devalue sooner or later in order to preserve the illusion th
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