Ebbs And Flows.
By now, every headline about coronavirus's impact seems to have a "worst day yet" feel to it.
Unfortunately, the weekend has been no exception.
For example, on Saturday, the UK said deaths rose 34% in a single day, the largest rise yet. Fatalities surged by 260 to 1,019, the Department of Health and Social Care said. The news comes as the nation ponders a path forward with a prime minister who is himself positive for the virus.
Meanwhile, Spain said 832 people died over the past 24 hours, m
Sorry, novice question here: Do the month-end rebalancers literally wait until the last day or two of the month before starting to execute their orders? Or do they get a “head start” when things are particularly lop-sided, such as they are going into March end?
Just curious if some of the bid this past week was rebalancers getting in there early.
Any comments would be appreciated from the readership, or even from you Walt !
I was wondering the same thing, how much flexibility do they have? If everyone knows everyone else is doing it, seems the smart thing to do would be to wait until it’s over then buy in when it goes back down, or buy early before everyone else bids it up.
Sounds like, whatever happens Monday and Tuesday, you should not be shaken out of your short hedges.
Novice as well but I take the last line to suggest that lack of available shares has the potential to move the bid and ask quickly toward the; upside or the downside. If the re-balance materializes and there is a lack of shares for sale we might actually see some spikes. It will be interesting. Somebody said buy the dips and sale the rips. Not that i am advocate trading.
Novice question number three: if there’s $850 billion waiting to rebalance into equities, how is the record equities outflow over the past five weeks “only” -$94 billion? Does the outflow refer to some specific equities funds?