The Noise Factor: Hidden Forces that Imperil Financial Markets

There is an inherent, invisible flaw in how our financial system operates: the way the markets are built, they turn insignificant day-to-day deviations, or “noise,” into harmful volatility.

As high levels of noise mask reality, people make money in the market regardless of the actual value of companies, commodities, or the economy itself. The growing disconnect between financial markets and the real economy changes the very nature of the financial marketplace. The market stakeholders focus more on shifting gains and losses among participants rather than on creating real value. THE NOISE FACTOR is a financial fantasy that transports the reader to an alternate reality. The book reveals the fundamental principles required to turn off our economy’s noise amplifiers and provides a vision for a more productive financial market.