Is the Market Rigged?

4min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The market is rigged in favor of the small passive investor at this point. But that's creating conditions that lead to excitement. What it creates is a hotel california type dynamic ut the system is designed to get you in. It has no mechanism to get you out out. The process of changing that allocation scheme, almost inevitably is going to result in extraordinary downside.

In this episode of Infinite Loops we spoke with Michael Green, Partner & Chief Strategist at Logica Capital Advisers. In a wide-ranging discussion that could have lasted the rest of the day, we covered:

The passive narrative, and its impact on market structure.
Vanguard and Blackrock’s lobbying efforts.
Target Date Funds and their increasing dominance.
COVID-19 and the government’s response.
The power of language.
Michael’s recent paper: Policy in a World of Pandemics, Social Media, and Passive Investing (linked below)

And much more. You can find Michael’s paper here: https://www.logicafunds.com/policy-in-a-world-of-pandemics