Sunday, March 31, 2013

Risk - It's Not Just A Board Game

Zero Hedge
all markets from equities to bonds (and even risk itself) are priced as though 2007/8 never happened. It appears, Williams notes, given the market's perceptions that, "all the problems are behind us." He chides, "Nothing could be further from the truth."

It resembles the game of managing perceptions that I wrote about before.  Nothing is what it appears to be.




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