Thursday, July 30, 2015

ETF Trading Volume Eclipses US GDP

http://www.zerohedge.com/news/2015-07-30/etf-trading-volume-eclipses-us-gdp


"In the past 12 months investors traded $18.2 trillion worth of ETF shares. For perspective, that means the amount of dollars exchanging hands through ETFs is now more than the U.S. gross domestic product, which stands at $17.4 trillion,"Bloomberg reports. Or, put differently, the financial apocalypse draws near. 

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