A Discount in SPY? That’s Inconceivable!
March 16, 2020 at 16:16 PM EDT
I promise I’ll try and keep this one as short as possible. Everyone knows the SPDR S&P 500 ETF (SPY). On many days, it’s literally the most liquid security in the world. Over the last five days, it’s averaged almost $85 billion in trading. And we’re all just used to it...