How the Financial Markets Fit into the Economy and How They Work commercial paper currencies stocks...

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How the Financial Markets Fit into the Economy and How They Work

commercial paper

currencies

stocks

mortgages

loans

bonds

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

Investment BanksBrokeragesInsurance CompaniesPension FundsMutual FundsHedge Funds(Foreign Governments)

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

Investor # of shares %

1999) James Rolle ………………………………………. 100 .0000001642000) Dr Seuss ……………………………………….. 100 .000000164

How the Financial Markets Fit into the Economy and How They Work

$125.90

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

Commercial Paper

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

Credit RiskMoody's

Standard and Poor's

Fitch Ratings

Investment Grade      

Highest Quality Aaa AAA AAA

High Quality Aa AA AA

Upper Medium A A A

Medium Baa BBB BBB

Not Investment Grade      

Lower Medium Ba BB BB

Lower Grade B B B

Poor Grade Caa CCC CCC

Speculative Ca CC CC

No Payments / Bankruptcy C D C

In Default C D D

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

XX

XX

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

How big are these markets anyway?

US EconomyStock ValueGovernment DebtMortgage-backed SecuritiesCorporate BondsBank LoansCommercial Paper

$13 trillion annually 8.8 trillion* total 6.4 trillion (11) total 6 trillion total 3.6 trillion total 3.3 trillion total 1.5 trillion total

Currencies/Foreign Exchange 2.0 trillion daily

How the Financial Markets Fit into the Economy and How They Work

$

How the Financial Markets Fit into the Economy and How They Work

How the Financial Markets Fit into the Economy and How They Work

Real Estate Prices

How the Financial Markets Fit into the Economy and How They Work

Commodity Prices

How the Financial Markets Fit into the Economy and How They Work

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