The Riddle of the Minsky Moment

One of the United States’ largest investment banks, JP Morgan, warns its clients that the possibility of a Minsky Moment has increased.

Yopie Hidayat

March 27, 2023

IS the global financial market on the verge of a Minsky Moment? That is the concern haunting financial market investors these days. One of the United States’ largest investment banks, JP Morgan, has warned its clients that the possibility of a Minsky Moment has increased. The news then spread quickly throughout the market, like a bushfire in the dry season.

A Minsky Moment refers to a situation in which the market has enjoyed a prolon

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