Argentina'a MerVal Index fell 37% today, the largest 1-day decline in its history. This was a 17-sigma event which means that it should not have happened even once in the history of the universe (assuming a normal distribution which markets do not follow). pic.twitter.com/P5X3BFa7jF
— Charlie Bilello (@charliebilello) August 13, 2019
HOW’S ALL THAT FANCY MATH WORKING OUT FOR YA’LL?