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Kindle Notes & Highlights
The up part of the business cycle sets up the conditions for the down part, and the down part sets up the conditions for the up part. It’s almost a natural law, like the swaying of a pendulum, and it’s been happening for centuries.
two things that drive markets are fear, and greed.”
Rising risks. China’s absolutely massive economy slows down. China produces goods for the rest of the world, so if it slows, this is a bad sign for the global economy.

