Quote:
Originally Posted by lewdog
Maybe the Chinese market taking a 15%+ beating over 2 days, worst loss in 13 years, is causing fear.
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Yes, the correlation between some Chinese indices that have been getting bludgeoned and the TSLAs of the world is uncomfortably high (think 65-75%). There’s no doubt some general derisking going on right now and that will hit all correlated exposures.