On the wires: 'Lost Thursday' hits Kuehne, GXO; Mærsk, others hurt too
Leaking wounds
ZERO HEDGE reports:
With the rank smell of geopolitical crisis again overpowering the air (not to mention the bidstack in the S&P500), Deutsche Bank’s head of thematic research Jim Reid thought it would be a good opportunity to highlight a table the bank’s equity strategists Binky Chadha and Parag Thatte did a few years ago examining what happens to the S&P 500 around domestic political and geopolitical events.
The two show that these events have typically been short-lived, with a median sell-off ...
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