Why The Archegos Blow-Up Failed To Trigger Instant Mayhem

There was confusion (feigned and otherwise) to start the week around what I called the "missing calamity." A margin call for the history books and the attendant unwind of positions built atop what Bloomberg described as one the world's biggest "hidden" fortunes, failed to trigger any index-level tumult coming off a weekend dominated by headlines promising broad-based chaos. For my part, I was characteristically flippant: Sometimes you blow up. Read more: ‘Argh Chaos!’ And The Biggest Mar

Get the best daily market and macroeconomic commentary anywhere for less than $7 per month.

Subscribe today

Already have an account? log in

NEWSROOM crewneck & prints