I think it does make it easier to spot next bubbles before they happen. They are also more violent. Particularly with options market out there being as large as it is now.
I haven't even touched on passive flows here. How they are funneling our pension money into chosen few companies, thus making their cost of capital close to zero. They in tun just go and buy every competition that emerges out there.
I think it does make it easier to spot next bubbles before they happen. They are also more violent. Particularly with options market out there being as large as it is now.
I haven't even touched on passive flows here. How they are funneling our pension money into chosen few companies, thus making their cost of capital close to zero. They in tun just go and buy every competition that emerges out there.