The Fearless Girl statue facing the New York Stock Exchange on February 15. Is there too much complacency and not enough fear about the health of the stock markets? Photo: AFP
Andrew Sheng
Opinion

Opinion

Andrew Sheng

Danger lurks beneath the seemingly buoyant US stock markets

  • Stock markets are more concentrated than ever, influenced by machine-driven algorithms no one understands, and supported by central banks’ policy of quantitative easing. Once the liquidity dries up, markets are in danger of crashing

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The Fearless Girl statue facing the New York Stock Exchange on February 15. Is there too much complacency and not enough fear about the health of the stock markets? Photo: AFP
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