Twenty-two years ago today, the American capital markets basically shut down for a week. No one was allowed to fly. Remember the heroic efforts find office space away from downtown NYC and to get the New York Stock Exchange and bond markets functioning again? Odd thought, maybe one should just do little to nothing for the next month?
There are building pressures that will make the path forward for the economy and capital markets more than a little rough. Volatility will return big time.