In a Ponzi scheme the act of throwing money away is what gives it the patina of ephemeral authenticity.
For example, bidding up oil while spreading stories about the oil recovery...
Or bidding up stocks, while lying about the 'Conomy...
"Record low correlations accompanied the relative lack of market swings, and indeed may be seen as a causal factor
Markedly different reactions to the year’s major events created stronger diversification effects, dampening volatility in the benchmarks"
Correlation, like this?
Banks, Energy, and Transports:
