US Outlook So many reasons exist to be suspicious of the current boom in world stock markets, it’s hard to know where to start. The renewed eurozone crisis, slowing growth in China, sovereign debt down-grades, the flattering effect of QE. I could go on.
But there is a more subtle flashing light we should be equally alarmed by: the fact that the financial whizzkids in the big banks are back, in force, making super-complicated derivatives again.
Toxic Derivatives That Blew Up The Economy Are Back
Taking a Closer Look at the Stories Ignored by the Mainstream Media