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tl;dr The boom in the use of index-linked instruments in the US financial markets since 2001 has caused an unhealthy herd of market players moving in lockstep
by evangineer 15y ago
tl;dr
The boom in the use of index-linked instruments in the US financial markets since 2001 has caused an unhealthy herd of market players moving in lockstep creating a lack of healthy resilience which culminated in the 2008 financial crisis.
- evangineer 15y agoOne wonders if on the basis of this research, a case can be made for the banning of index-linked instruments.