{"product_id":"fearful-rise-of-markets-the","title":"Fearful Rise of Markets, The","description":"\u003cp\u003e\u003cb\u003eAre we barreling toward another massive global financial catastrophe?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003eHow can so many bubbles form all at once? Why are so many “disconnected” markets now capable of collapsing in unison? In this remarkably readable book, award-winning \u003ci\u003eFinancial Times \u003c\/i\u003ecolumnist John Authers takes on these critical questions and offers deeply sobering answers.\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003eAuthers reveals how the first truly global super bubble was inflated—and might now be inflating again. He illuminates the multiple roots of repeated financial crises: a massive shift in investing power from individuals to big institutions; the migration of key decisions from banks to capital markets; the wholesale financialization of many asset classes; and fundamental failures of both theory and policy.\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Fearful Rise of Markets \u003c\/i\u003epresents a truly global view, avoiding oversimplifications and ideology as it outlines how we got here and where we stand. Even more valuable, it offers realistic solutions—for decision-makers who want to prevent disaster and investors who want to survive it.\u003c\/p\u003e \u003cul\u003e \u003cli\u003e\n\u003cb\u003eThe herd grows ever larger—and more dangerous\u003c\/b\u003e\u003cbr\u003e\nHow institutional investing, indexing, and efficient markets theory promote herding\u003c\/li\u003e\n \u003cli\u003e\n\u003cb\u003eCheap money and irrational exuberance\u003c\/b\u003e\u003cbr\u003e\nSuper fuel for super bubbles\u003c\/li\u003e\n \u003cli\u003e\n\u003cb\u003eToo big to fail: the whole story of moral hazard\u003c\/b\u003e\u003cbr\u003e\nBanks, hedge funds, and beyond\u003c\/li\u003e\n \u003cli\u003e\n\u003cb\u003eDanger signs of the next bubble\u003c\/b\u003e\u003cbr\u003e\nForex, equity, credit, and commodity markets move once more in alignment\u003c\/li\u003e\n \u003c\/ul\u003e","brand":"Pearson Education","offers":[{"title":"Default Title","offer_id":46286728790254,"sku":"9780131388147","price":34.44,"currency_code":"AUD","in_stock":true}],"url":"https:\/\/bookland.com.au\/products\/fearful-rise-of-markets-the","provider":"Book Land AU","version":"1.0","type":"link"}