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Archive of entries posted on September 2015

Junk bonds, hedging and useful technology

Today it’s up. But, so far in this quarter: Global stock markets posted their worst quarter in four years. Weakness began with China’s “Black Monday” in late August and persisted over the next three months. Of the majors, China’s Shanghai Composite crashed 28.6%, Germany’s DAX tumbled 12.2% and Britain’s FTSE fell 7.7%. In the US, […]