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Fake Market Narratives Are Masking The Roots Of The Next Crisis

Fake Market Narratives Are Masking The Roots Of The Next Crisis

During the second half of an interview with MacroVoices host Erik Townsend, Fasanara Capital fund manager Francesco Filia explained how the trillions of dollars in post-crisis asset purchases by central banks have bred a dangerous trend-following mentality that ultimately undermines the stability of markets and leaves stocks and bonds vulnerable to a vicious reversal.

The 'End Of Dreams' And The Saving Of Appearances

The 'End Of Dreams' And The Saving Of Appearances

Authord by Alastair Crooke via The Automatic Earth blog,

Robert Kagan first called attention to the fact that America would need to awake from its ‘dream’ a decade ago in End of Dreams: The Return of History, and would have to manage the rise of ‘other’ powers, (some greater than others), with adroitness, if it were to avoid a bad road-crash as emerging competitors clashed with the waning dominant power.  

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