Liquidity is an elusive quality at the best of times. In a bear market it can disappear in a moment.
Rest assured that not all of today’s trading strategies are predicated on that reality.
To return to Mr Minsky, the big question around the instability hypothesis now turns on the behaviour of the central banks.
John Plender FT 13 November 2018
To return to Mr Minsky, the big question around the instability hypothesis now turns on the behaviour of the central banks.
John Plender FT 13 November 2018
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