IMHO as long as folks think this way...I understand the root cause is subprime mortgages and the fact that stream of payments from mortgages is in jeopardy especially since the ARM's resetting. the more I realize how far we've got to go to "get it" (no offense intended toward poster). This is a deck of cards reflected by the following data:In May the guys at Dominion Bond Rating Service (DBRS) provided a world-wide calculation on different positions and they go as follows:1% Cash10% Securities such as stocks, bonds and money market11% Structured asset-backed product78% DerivativesRusty
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra