The financial stability puzzle

The financial stability puzzle

barry-schachter-2010

On November 29, Bank of America Merrill Lynch announced the creation of a systemic risk index. It is meant to measure market vulnerability to shocks and possibly provide clients with some advance warning of conditions that could be associated with a crash. This index is just one of a variety of recently developed investor tools and strategies for avoiding or mitigating losses from the next market crash – State Street unveiled something similar on October 14, for example. The irony is th