I suspect options writers

posted by
May 11, 2011
EconLog
by Arnold Kling  
Posted in Commentary

"Any time there is unstable market behavior, I always suspect option writers. 'Portfolio insurance' in 1987 is one example. Credit default swaps are another." (05/11/11)

http://econlog.econlib.org/archives/2011/05/i_suspect_optio.html  

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