![Fake Market Narratives Are Masking The Roots Of The Next Crisis](https://r4.mt.ru/r19/photoB454/20365916996-0/jpg/bp.jpeg)
During the second half of an interview with MacroVoices host Erik Townsend, Fasanara Capital fund manager Francesco Filia explained how the trillions of dollars in post-crisis asset purchases by central banks have bred a dangerous trend-following mentality that ultimately undermines the stability of markets and leaves stocks and bonds vulnerable to a vicious reversal.