Self-fulfilling chaos: have markets become more resilient to the crisis

There are many similarities between rollercoasters and financial markets. Both are characterized by a slow ascent and a rapid descent. A long ascent is followed by a frightening decline. And upon reaching the top, the one who has been climbing up until now begins to fear how this will all end for him.

The recent hype in the stock markets again makes it look like an amusement park. And ask questions. First of all, about whether those who invest in stocks need to prepare for a very unpleasant fall. Or about whether the market infrastructure will survive when it happens. Financial markets have changed a lot since the financial crisis of 2007-2009. Meanwhile, any attraction needs to go through a thorough check for reliability. And it is quite possible that this stress test will come soon for the post-crisis global stock market. Only in the chairs there will be not mannequins, but real people.