via FTAlphaville - June Spike In Fails
The June spike in fails is large, but not the largest.
Ft Alphaville Article
The Historic Fails Chart from previous Liberty Street article does not include June Spike. As you can see, a 1.25 Trillion fail is large, compared with historic fails, but not the largest. Larger spikes occur during financial crises, such as the Nasdaq blowout, or Lehman. A spike the size of the June fail appears to precede a larger spike:
Historic Fails Chart
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