Devina Mehra: What drives market euphoria? And why do we see the same story over and over?
Then comes the burst, which always comes with a bang; it never deflates slowly. All those who planned to exit also cannot do it. Following on its heels is a blame game. Some heads have to be sacrificed: whether of corporations, other entities or people. What remain sacrosanct are markets, including actions of the ‘common’ speculator. They are never blamed, but maybe they should be.
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