How The “Perverse Economic Effects Created By ETFs” Are Setting Up The Next Crash
by Tyler Durden
ZeroHedge.com
Oct 10, 2016
1. In a world of manic factor crowding via the exponential growth of cheap passive index and smart beta products, get ready for the class-action lawsuits in a future-state. And:
2. this is BEYOND GOLD as an example of “tail wagging dog” / “echo chamber” / “feedback loop amplification” from the market structure shift experienced within the industry over the past 10+ years.
The Rest…HERE