2min chapter

Forward Guidance cover image

Navigating A "Structural Shift" In Markets | Joseph Wang & Martin Pelletier

Forward Guidance

CHAPTER

Is the S&P 500 Going Down 30% or 40%?

The only real setback of that strategy, Martin, is if the S&P 500 crashes 30% or 40%. So how are you weighing that risk? It's the type of thing that it happens so rarely, but when it does happen, things can go quite haywire. We do a monthly autocolable note and US dollars, it is almost 9%. It'll pay that monthly as long as the S-P doesn't fall more than 30% and stay there.

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