Hampton Think - August 31, 2020

A reader sent us a brief, important request this week: “would like to see more on why markets are up when the world is on fire.”

This is, in many ways, the theme of almost every edition of Contention, and we’ve pulled it apart a number of times:

But let’s elaborate the reasons for this disconnect yet again, because new explanations emerge all the time. Multiple phenomena are causing this contradiction, all part of the same basic force: state manipulation of markets to protect concentrated wealth. ...
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