3 ms·
They are still only 1% of global stocks - hardly 'big enough to affect the stream'
by MarkMc 10y ago
They are still only 1% of global stocks - hardly 'big enough to affect the stream'
- jsmthrowaway 10y agoIt's nearly a trillion dollars. Yes, a trillion dollars is market-making. If it all moved at once world economies would shit themselves for a time. Even beyond that, there are only about 200 sovereign states in the world. I'd say a country like Norway, with fewer citizens than the state of Washington, controlling 1% of global anything is noteworthy and undeserving of scoff.