Open questions in Financial System
how to separate Behavioural and Informational aspects of the markets?
Humans entangle information and liquidity by making efficiently inefficient markets ... see Stiglitz-Grossman
Bouchaud and Potters - data-driven understanding of human behaviour.
Crowding and collective narratives - Ben Hunt and Schiller. Avoid model overfitting
and see Outstanding issues on liquidity
what is the problem of liquidity? Multiple formulations!?
see for instance, Eric Weinstein - polymath
There is thus a bizarre paradox in the 21st century world: namely while the global system is becoming more interconnected in some senses, the level of mental and structural fragmentation remains very intense.
see also Aaaron Brown on the topic
- student loans?
- USD and EM crises?
- Feedback Loops?
Financial repression or REAL rates INFLATION?
a paradox - not enough statistics but HOW to figure out an EDGE from short-run FOR the long run