NYSE Closure And Other Key Events

NYSE Closure And Other Key Events by Sierra Investment Management

Sierra Investment Management's David Wright and Frank Barbera, co-portfolio managers of the Sierra Core Retirement Fund, have published their latest piece " NYSE Closure and Other Key Events."

The two look at yesterday's events and provide a snapshot of what we know about the closure.

They also note the severity and magnitude of the Chinese stock market crash:

"To put that figure in perspective, the recent losses in China’s stock market are bigger then the size of France’s entire stock market and are about 60% of the market capitalization of the Japanese stock market (the second largest in the world). The decline in Chinese stocks is centered...