Take Five: It’s August, what could go wrong in market?
August can be a tricky time for markets. It was the month Russia defaulted (1998), China devalued the yuan (2015) and BNP Paribas kicked off subprime meltdown by freezing three of its funds (2007). Plenty could go wrong this August as the world economy staggers under the pandemic, Sino-U.S. tensions bubble and the US. election … Read more