Wall Street Sees Fastest Boom in Complex Financial Products Since 2007 Amid Investor Demand
Wall Street is experiencing a surge in the issuance of complex financial products, marking the fastest pace since 2007, just before the global financial crisis. This boom is driven by investors' strong demand for high-yield returns, leading to the expansion of exotic securities backed by unconventional assets such as chicken wings, music catalogs, and oil revenues. Some investors have been criticized for purchasing these products without thorough scrutiny, earning the label 'programmatic buyers.'
Sources
朝倉智也(Tomoya Asakura)
ウォール街の複雑な金融商品ブームは世界金融危機以来。高利回りのエキゾチック商品が拡大。チキンウイング、音楽カタログ、石油の収益を裏付けした債券等。精査せずに購入する投資家は「プログラマティックバイヤー」（十分な検証を行わずに購入する存在）と揶揄されている。 https://t.co/CzaIyv0CbW
Financial Times Investors’ 'relentless' appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. https://t.co/rJNQQKcXdr https://t.co/E2MoDi68ce
Mohamed A. El-Erian From the @FT: “Investors’ “relentless” appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. “ #markets https://t.co/zII97X2VS0
