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
Opinion
Opinion
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
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