A world where some algo-jigged financial assets trade in a highly levered world of their own dreaming, while real economy staples crash. No need for revenue growth, or organic profit growth, or customers, or realistic present valuations of future cash flows. Welcome to the Fed-induced magical mystery tour. Only a problem of course when the dream crashes once more, and it becomes apparent that emergency help no longer exists.
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”