September hurt shareholders, not only because stocks fell but also because the things they’d bought to protect their portfolios also fell. From the S&P 500’s high on the 2nd of the month, stocks, Treasurys, gold, bitcoin and the VIX volatility index all dropped.
This total failure of hedging is unusual, but investors need to get used to the idea that Treasurys no longer provide the ballast for a portfolio.
jmackin2 erdoganterrorist aliyevterrorist warcriminal stopazerbaijansaggression ArtsakhStrong ArmeniaStrong Armenia ArtsakhAgainstTerrorism Armenian defendarmenia defendartsakh stoperdogan StopAliyev RecognizeArtsakh
jmackin2 Under the current circumstances, the intl recognition of Artsakh is the only mechanism for restoring peace and security in the region. Currently, the large-scale armed attack by Azerbaijan on NK is accompanied by violations of the norms of intl humanitarian law RecognizeArtsakh
jmackin2 Stand down & stand by lol, the famous words from our President. FoxNews & the WhiteHouse are looking for sympathy from Americans lol good luck with that. They've known about COVID19 since late January & 200,000 Americans are dead. Trump made his own bed, now he owns it.
jmackin2 LOL Bitcoin!
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