Published on: 08/26/2015
Crashes, Liquidity and Unicorns
Happy August! The S&P 500 was down 3.2 percent on Friday and 5.8 percent for the week; the last time it fell more than 100 points in a week was in October 2008. Futures were down more than 2.2 percent as of last night; as of 8 a.m. they were down about 3.6 percent.
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