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1.Market Observations

21 Jun 2014 (AFR) – Structured debt at a post-GFC high

(21 June 2014, AFR, p41, Philip Baker)

‘In the lead-up to the financial crisis investment banks on Wall Street spent millions of dollars looking for a way to buy into the hedge fund business. These days it looks like they lend money to them so the hedge funds can buy the structured products the banks sell. Structured products helped cause the last sharemarket crash and could do so again if the use of some arcane derivative or fancy form of gambling, dressed up as a real business, doesn’t do it first. But structured products are big business…’

Read more at AFR.com (might need AFR login access)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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