Available worldwide via Amazon (Kindle Edition)
US: $5.99
Other regions: Local Amazon pricing
Available here:
https://www.amazon.nl/dp/B0GMXLX56T
For years, financial markets have presented themselves as transparent mechanisms. Prices move, analysts explain, quarterly results confirm or disappoint. Risk is assessed, information is absorbed and capital responds. At least, that is the theory.
For generations, financial markets were understood as expressions of human judgement. Prices moved because investors expected growth or feared decline. Volatility reflected uncertainty. Even panic had a psychology. Markets were imperfect, emotional and sometimes irrational — but they were intelligible. Movement implied intention. Today, that connection is weakening.
