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Barry Rirholtz: Monopolies Alone Don't Explain Why Stocks Soar

TedTed
in The Bullpen
FYI: Is America becoming a nation of price-fixing, monopolistic rent extractors?

That is the question raised recently in a working paper by a trio of researchers at Brown University. This question is also working its way into the mainstream news media.
Regards,
Ted
https://www.bloomberg.com/view/articles/2018-02-23/monopolies-don-t-explain-why-stocks-do-better-than-the-economy
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