No more AIG on the DJIA. The Dow Jones removed IG from three benchmarks, the Dow Jones Industrial Average; its Dow Jones Global Titans 50 Index; and Dow Jones Insurance Titans 30 Index.
They mentioned it is because of "Financial Distress"
You think?
Put this together with the fire sales going on and where do you think the market is heading?
We have had alot of intervention. Do you think the intervention will change over time. Maybe letting individual companies fold rather than being taken over by the government.
We shall see.
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