Where There's A Fad, There's A Market
Markets are perfectly rational instruments, according to some economists. But others have their doubts. It's not just the unexplained ups and downs of particular stocks or indices. Even something as sober as how stock markets are organized is as susceptible to fads as a teenage consumer. Just a few years...
To continue reading: or Log-In
Want the full story?
Get TIME the way you want it
Week Digital Pass — $4.99
Pay-As-You-Go DIGITAL ACCESS — $2.99
Year ALL ACCESS — Just $30! Best Deal!
Print Magazine + Digital Edition +
Subscriber-only Content on TIME.com
Learn more about the benefits of being
a TIME subscriber
If you are already a subscriber sign up — registration is free!