human nature
- n the shared psychological attributes of humankind that are assumed to be shared by all human beings
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- Why the Fed Cannot "Exit" Successfully... Without a Market Crash
Bernanke claims the Fed can successfully exit its current strategy. He’s lying. Or he’s adhering too strongly to economics and ignoring human nature. One of the easiest trades for financial institutions over the last four years has been to simply front-run the Fed during its QE programs. After all, the Fed was literally broadcasting its intentions to the markets. So traders did what they ...
June 15, 2013 - Zero Hedge