Since this was month end and funds will report their closing values I’m curious how the coming days turn out. Points on an index are one thing but drops in actual dollars in people’s accounts is a good test their nerve.
Also, we’re approaching a fiscal qtr end so fund managers will be facing performance reviews. If March doesn’t recover but instead washes out, they may start sweating over how to keep their jobs. (I wonder if this is when dumb risks are taken.)
Last edited by KinAlberta; 03-01-2020 at 04:37 PM.
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