Tag: players

Bubble Bubble Toil and Trouble

We had a perfect recipe for the “abrupt” correction that global asset markets have experienced. A quick look at the factors shows observant investors that caution was necessary leading up to the most recent FED meeting. 1) Leverage as measured by NYSE margin debt released in May showed levels greater than that of 2007 and close to all time highs. This excessive risk appetite can be attributed to an extremely low interest rate environment and low volatility in the broader market. Said simply – le

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Who Runs the Market? The High Stakes Players

Approximately $7.5 trillion in assets are controlled by 24 private financial entities. This list does not include central banks and governments. These numbers are subject to differences in estimations and definitions of AUM but it provides a nice ball park figure to let you know the influence these players have on the market. Two Lists: Primary Dealers AUM in Billions Cantor Fitzgerald & Co. Not disclosed Merrill Lynch, Pierce, Fenner & Smith Incorporated $1,800.0 Deutsche Bank Secur

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