Quote from S2007S:
sub prime market is alot worse than what most people think.
Should effect the prime market soon as well. $1.5 trillion worth of arms resetting in 2007. 1.4+ million foreclosures.
Quote from Landis82:
Could be.
But the $440 TRILLION DOLLARS of notional Global Derivative exposure would dwarf that in a heartbeat. Just think of the 25% rate of growth in the assets of the hedge-fund community in just the last 10 years.
Believe it or not, $440 Trillion Dollars is 32 TIMES greater than the total output of the U.S. Economy.
:eek:
Will such info help one to be a better trader?
Probably not.
Quote from stock_trad3r:
repeating that over and over wont make the markets go lower.