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Wall Street Breakfast: Must-Know News [View article]
Just like we see everyday in the news, "markets drop because of renewed doubt in economic recovery" - duh fool, it isn't always that though, its an event.
So Old Trader, it isn't "just liquidity", there is always a catalyst. Liquidity needs don't just zap a funds 71% of assets. Something occurred concerning management, or the company's portfolio in general.