Wednesday, October 07, 2009

US FINANCIAL CRISIS ONE YEAR LATER

CORNERSTONE INVESTMENTS RESEARCH LLC LINK TO STORY

ABove report will give much helpful info to understand where we are, and did they FIX anything. UNDERSTAND THIS, IMHO we are now experienceing ANOTHER (and we know how they end don't we?) ASSET BUBBLE, so therefore it may be MUCH harder to determie where it ends......

2:41AM NYSE Euronext announces trading volumes for September 2009 (NYX) 28.05 : Co announces trading volumes for its global cash equities and derivatives exchanges for September 2009. Trading volumes in September 2009 were mostly lower compared to September 2008 levels, during which crisis-level volatility drove near-record trading volumes. While trading volumes declined year-over-year, volumes in September increased from August 2009 levels with U.S. and European cash products increasing 2.9% and 13.2%, respectively, and U.S. and European derivatives products increasing 30.0% and 24.4%, respectively.

....the CONRNERSTONE PDF one main point, derivitives at the major 25 Banks rose to a staggering $291 TRILLION In 2009 SINCE GS and MS became banks. JPM holds the most at $91 Trillion and only 2.54% of assets......what is important is the level of derivitives seems to have almost DOUBLED since beginning of 2009!!!!

And as everyone else is PULLING in their hrons the US GOV DEBT grew at a staggering 40% clip....IMHO our markets have become VERY UNSTABLE.....

D

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