Skip to main content
May 31, 1997

Grin and Bear It

Playing with financial instruments

Mysterious are the ways of the stock market. Defying reality, it surges with unemployment figures, drops with good news, and most people pretend this is normal and rational. My favorite fairy story is not the one about the bull market continuing forever. It's about the little boy who pointed out that the emperor was, in fact, starkers rather than togged up in his best Ralph Laurens. I suspect the angry crowd promptly committed him to a child psychiatrist, at the very least. Sergei, a Tass

You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..

  • Unlimited deep dives
  • Data-driven research around key topics
  • Buy-side insights
  • Benchmarking reports
From $1495
Clicky