The well-known claim that summer is a ‘quiet’ period in markets is one of the most consistent lies we all seem to collectively believe.
While it is true that offices are quieter and less ‘churn' is coming out the news cycle, there has never been a summer/August where several marked events have not sprung up, at least for me. So, now we're in the first days of September and colleagues roll back into the office asking "what did I miss", please feel free to send them this roundup to get them up to speed. A week of ‘carnage' At the beginning of August, markets saw the biggest bout of volatility since the deep March 2020 equity sell-off, and an even faster recovery versus the one seen four years ago. 'Today is going t...
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