The equities market a decade ago cannot be compared to what it is today.
Over the last ten years, globalization really has become that, connectivity has reached the masses, the rise of Exchange Traded Funds, High Frequency Trading, the increase in the number of large positional hedge funds and the interest for sovereign powers to replace state funded pension programs with community based superannuation disbursements, are all driving factors for the emergence of asset bubbles.
In this short post we