Weekly UpdatesRun, Don't WalkReflexivity is like holding up a mirror to another mirror and creating an infinite feedback circle… or doom loop. In this case, a decline in asset prices actually causes further asset price declines. Tom DysonOct 16∙ Paid148419ShareChiswick, West LondonWednesday, October 16By Tom Dyson, Investment DirectorI love charts that go back a long way. This 100-year chart from Bank of America (below) hits hard. It shows the pick-up in y…Continue reading this post for free, courtesy of Bonner Private Research.Claim my free postOr purchase a paid subscription.PreviousNext
