The most powerful organisation in global investing, MSCI just crashed two stock markets! Here’s what happened and why it matters…
Last Friday, a private company with approximately 5,000 employees in New York issued two statements.
By Monday morning, one country’s stock market had fallen to its lowest level in six years. Another had already lost 23% from its peak. Combined, the two markets faced the prospect of billions of dollars in forced selling that could make both situations significantly worse.
The company that caused this is called MSCI.
