{"product_id":"9780131388147","title":"The Fearful Rise of Markets: Global Bubbles, Synchronized Meltdowns, and How To Prevent Them in the Future,","description":"\u003cp\u003e \u003cb\u003eAre we barreling toward another massive global financial catastrophe?\u003c\/b\u003e \u003c\/p\u003e  \u003cp\u003e \u003c\/p\u003e  \u003cp\u003eHow can so many bubbles form all at once? Why are so many “disconnected” markets now capable of collapsing in unison? In this remarkably readable book, award-winning \u003ci\u003eFinancial Times \u003c\/i\u003ecolumnist John Authers takes on these critical questions and offers deeply sobering answers.\u003c\/p\u003e  \u003cp\u003e \u003c\/p\u003e  \u003cp\u003eAuthers reveals how the first truly global super bubble was inflated—and might now be inflating again. He illuminates the multiple roots of repeated financial crises: a massive shift in investing power from individuals to big institutions; the migration of key decisions from banks to capital markets; the wholesale financialization of many asset classes; and fundamental failures of both theory and policy.\u003c\/p\u003e  \u003cp\u003e \u003c\/p\u003e  \u003cp\u003e \u003ci\u003eThe Fearful Rise of Markets \u003c\/i\u003epresents a truly global view, avoiding oversimplifications and ideology as it outlines how we got here and where we stand. Even more valuable, it offers realistic solutions—for decision-makers who want to prevent disaster and investors who want to survive it.\u003c\/p\u003e  \u003cul\u003e  \u003cli\u003e \u003cb\u003eThe herd grows ever larger—and more dangerous\u003c\/b\u003e \u003cbr\u003eHow institutional investing, indexing, and efficient markets theory promote herding\u003c\/li\u003e  \u003cli\u003e \u003cb\u003eCheap money and irrational exuberance\u003c\/b\u003e \u003cbr\u003eSuper fuel for super bubbles\u003c\/li\u003e  \u003cli\u003e \u003cb\u003eToo big to fail: the whole story of moral hazard\u003c\/b\u003e \u003cbr\u003eBanks, hedge funds, and beyond\u003c\/li\u003e  \u003cli\u003e \u003cb\u003eDanger signs of the next bubble\u003c\/b\u003e \u003cbr\u003eForex, equity, credit, and commodity markets move once more in alignment\u003c\/li\u003e \u003c\/ul\u003e","brand":"Pearson Education","offers":[{"title":"Default Title","offer_id":47078877659376,"sku":"9780131388147","price":24.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780131388147_p0.jpg?v=1763641424","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780131388147","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}