The derivatives market is out of control. The global annual GDP, actual goods and services produced, is something like $100 trillion. The derivatives market is something like 7 times that.
About 80% of the global economy is just gambling on what the other 20% will do.
The derivatives market is out of control. The global annual GDP, actual goods and services produced, is something like $100 trillion. The derivatives market is something like 7 times that.
About 80% of the global economy is just gambling on what the other 20% will do.
Gambles on failure of stocks shouldn’t be allowed, regulate wall street WS. They will make off like bandits when the tariffs hit.
The notional value is that size, but that’s not really representative. You can’t compare or even add notional amounts.
For example, temperature derivatives would have a notional value measured in millions of °C.