Best Blogs of the Week #201
What a week for the industry. We don’t often get to start the week with a 1,000 point drop in the Dow Jones Industrial Average. So everyone seems to be discussing volatility’s relation to the 1,000 point drop. And the industry posted too many posts related to volatility; we selected the single best chart below.
China Crisis –M & G
“However in this instance it is very difficult to infer much from the behaviour of the Chinese market which has behaved in a manner unconnected with fundamentals for some time.”
Volatility Chart –TIAA-CREF (newcomer!) best chart of the week
This is a correction, right? –TIAA-CREF
“A correction occurs when a market index declines at least 10% from its peak. The S&P 500 Index, which hit an all-time high of 2,130 on May 21, had fallen to 1,868 on August 25, a 12% drop over the course of three months.”