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You have to survive

You have to survive
Every day is a battle, survival is rule #1

Wednesday, September 23, 2015

This crash is hesitating so long the government has had time to prepare

SEC moves to head off runs on mutual funds
The Securities and Exchange Commission has unanimously called for rules to prevent investors' demands for redemptions in a market crisis from putting mutual funds out of business. The proposal responds to warnings from the International Monetary Fund and the Federal Reserve that some funds would struggle to meet commitments to redeem shares if a sharp market downturn were to trigger a run.

The s&p500 is 9% off its all time high, sitting on a month old resistance level from the aug 25 mini crash.

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