Exodus from funds with illiquid assets forces funds to block redemptions.
Investment in the auto sector grinds to a halt.
It was a doozie, but it shouldn’t have come as a surprise. Here’s why.
But “superminis” are hot.
“In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”
No one can afford even the smallest hiccup in derivatives.
“Peak Tourism” has already set in. Brits account for 22% of tourists in Spain. Now add Brexit.
The stakes are enormous.
City of London Just Lost a $240-Billion-a-day Financial Market.
A high-risk blinking contest no one wants to lose.