The s p down. 5 . The nasdaq little changed. The vix is little changed. 37, quite elevated compared to where its been recently, still at its highest since 2015. A lot of investors asking if normal the new after getting used to suppress volatility over the last year or so. 500 overok at the s p the course of the session. We did see that plunge at the open. Before it got closer to the unchanged line. Something interesting that our bloomberg charting team noticed today had to do with not just , whicholatility exacerbated the selloff, but also people taking money out of long volatility vehicles. This looks at the shortterm futures etf daily close and a vix shortterm etn daily close. One of these shorts volatility, one of these double long volatility. We saw money come out of both of those. The folks who were long volatility make money. Made money. We have the spike in the vix. Session,ack to todays in terms of what is holding back further declines in the u. S. Market, part of it has to do
What a year it is in between the bankruptcy, devastation by the hurricane. It is far from over. People cannot even find 2d. Find food to eat. Megan it is a true humanitarian crisis. When it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. We are still having the kind of politicking we are seeing in the u. S. Over it. We are hopeful, both at business that by bloomberg, calling attention to it that hopefully, perhaps for once in recent times we would wade through the washington quagmire and get help down there. Julia you get a sense of the real devastation of the country. Think about that. Think about being in the dark. What you have medicine that is to be refrigerated . Your diabetes patient getting access to clean water in puerto rico. It is crazy. But we have is a country that was so badly affected by a next of this over the years
Bankruptcy, devastation by the hurricane. It is far from over. People cannot even find food to eat. Megan it is a true humanitarian crisis. When it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. We are still having the kind of politicking we are seeing in the u. S. Over it. We are hopeful, both at businessweek and bloomberg that by calling attention to it that hopefully, perhaps for once in recent times we would wade through the washington quagmire and get help down there. Julia you get a sense of the real devastation of the country. Megan think about that. Think about being in the dark. What if you have medicine that is to be refrigerated . Your diabetes patient getting access to clean water in puerto rico. It is crazy. But we have is a country that was so badly affected by an exodus over the years, they need to repay the debt t
Chief of Bloomberg Businessweek macon murphy. Megan murphy. In opening remarks you look at puerto rico. What a year it is in between the bankruptcy, devastation by the hurricane. It is far from over. People cannot even find food to eat. Megan it is a true humanitarian crisis. It is affecting what is an american territory. When it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. They could be without electricity for six months. And we are still having the kind of politicking we are seeing in the United States over it. , but thateful businessweek and bloomberg that by calling attention to it that for once inerhaps recent times we could wade through the washington quagmire and get help down there. Julia i mean the pictures hit you in the stomach and you get a sense of the real devastation of the country. Megan think about being out of
What a year it is in between the bankruptcy, devastation by the hurricane. It is far from over. People cannot even find food to eat. Megan it is a true humanitarian crisis. When it was just the debt crisis and the bankruptcy of puerto rico or the electrical grid or the bankruptcy of what was going to happen with this mass exodus, now people are without water and food and electricity. For six months. And we are still having the kind of politicking we are seeing in the u. S. Over it. We are hopeful, both at businessweek and bloomberg that by calling attention to it that hopefully, perhaps for once in recent times we would wade through the washington quagmire and get help down there. Julia i mean the pictures hit you in the stomach and you get a sense of the real devastation of the country. Megan think about being out of power for six months. Think about being in the dark. What if you have medicine that is to be refrigerated . Your diabetes patient getting access to clean water in puerto