We’ve talked a lot about the 2008 Playbook in the last month to highlight how things can still go wrong for risk assets; today, let’s look at what worked best…
Day: April 2, 2020

Benzinga: "2008 Playbook Suggests Current Period Is Calm Before The Storm For Stocks"
Excerpt from Benzinga quoting DataTrek’s Nick Colas: …. “The SPDR S&P 500 ETF Trust SPY 1.3% traded higher by 2% on Thursday morning, and the S&P 500 hasn’t made new 2020 lows since…

Financial Times: "Closing the book on a tumultuous quarter"
Financial Times quoting DataTrek Research: …. “DataTrek notes that the resilience of the S&P 500 around the 2,500 level reflects the view of there being little long-term damage to the…