I used to think that if there was reincarnation, I wanted to come back as the President or the Pope. But now I want to be the bond market: you can intimidate everybody”
– Aide to President Clinton
It is a given that in business, people strive to manage their assets and liabilities to seek maximum advantage, which in turn believe will bring them life fulfilment, happiness, and success.
Financial markets therefore provide opportunity to almost anyone.
It is in the arena of financial markets where business is conducted, fortunes are made and lost. Here only the fittest survive!
So, what are financial markets?