The Fearful Rise of Synchronized Markets by John Authers

The Fearful Rise of Synchronized Markets

byJohn Authers

Kobo ebook | September 13, 2010

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This Element is a very brief excerpt from The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future (9780137072996) by John Authers. Available in print and digital formats.

 

Why markets are more synchronized than ever before–and why that’s so terrifying.

 

World markets are synchronized, and far more prone to bubbles and meltdowns than ever. Why? In March 2007 I realized the world’s markets held each other in a tight, deadly embrace. One Bloomberg screen showed minute-by-minute action in the S&P 500. Then I called up a minute-by-minute chart of the yen’s exchange rate against the U.S. dollar. The chart was identical. What was going on?

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Title:The Fearful Rise of Synchronized MarketsFormat:Kobo ebookPublished:September 13, 2010Publisher:Pearson EducationLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0132563479

ISBN - 13:9780132563475

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