Flying Blind, Part 1: How Bubble Finance Destroys Economic Efficiency And Rationality

You could say thank heavens they have finally stopped buying the “dip”. Then again, there apparently aren’t any left! That’s the case, anyway, even if your notion of a “dip” is any day the market doesn’t go up. So far there has been exactly one such occasion during 2018. Or worse still, if you assume the traditional metric of at least a 5% drop, you have already been […]