Gary Allen on Business, Sunday, August 30, 2015 – Podcast Now Available

ETF Flash Crash

On the program this morning I discuss the details of a very interesting Monday morning, where the market dropped 1,000 points in a flash. But the real damage was done to people who owned various ETF securities.

In some cases, people lost more than 30% when market sell orders hit with a sudden fury as liquidity in the ETF market dried up. Later that day, these same ETFs were trading down around 5%, What happened and why?

More on this incredible action in the third segment of the show from Sunday, August 30, 2015. In segment one, I review a recent article by financial columnist Chuck Jaffee on the type of investor you might be and how to cope with bad financial markets.

Segment two of the show is the “Patience Principle” and how to survive bad financial markets. In the fourth segment, I briefly review the results of various alternative investments in recent years and their failure to deliver on their promise.

As always, thanks for listening to my program on KNBR. I hope you enjoy it.

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