This Element is an excerpt from "The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future" (9780137072996) by John Authers. Available in print and digital formats.
Are we headed for another global market bubble and economic collapse that will dwarf what's come before?
The global stock market rally that started in March 2009 was the most impressive in more than a century. But it appears that the rally rested on exactly the same pathologies of herding behavior, moral hazard, and a simplistic faith in models, combined with synchronized and self-reinforcing trading, that created the super-bubble in the first place.
This Element is an excerpt from "The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future" (9780137072996) by John Authers. Available in print and digital formats.
Are we headed for another global market bubble and economic collapse that will dwarf what's come before?
The global stock market rally that started in March 2009 was the most impressive in more than a century. But it appears that the rally rested on exactly the same pathologies of herding behavior, moral hazard, and a simplistic faith in models, combined with synchronized and self-reinforcing trading, that created the super-bubble in the first place.
Imprint | FT Press |
Country of origin | United States |
Release date | 2011 |
Availability | We don't currently have any sources for this product. If you add this item to your wish list we will let you know when it becomes available. |
Authors | Authers John |
Format | Electronic book text |
Pages | 12 |
ISBN-13 | 978-6612808548 |
Barcode | 9786612808548 |
Categories | |
LSN | 6612808543 |