[JumpCrisscross]

> S&P 500’s 12-month seasoning and 4-quarter GAAP profitability requirement → waived

S&P hasn’t announced a final rule change yet.

[fluidcruft]

Yeah, right.

[JumpCrisscross]

> Yeah, right

Yes. Literally right.

[fluidcruft]

Are you seriously under the illusion S&P is second guessing or reconsidering its plans? There's no evidence of that.

[JumpCrisscross]

> the illusion S&P is second guessing or reconsidering its plans?

There is no second guessing because no decision has been made. A consultation was put out. I’m expecting it will be adopted in parts. Like, the market hasn’t priced in a full rebalancing.