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Markets ignoring Buffett's warning about derivatives

Tuesday, September 6, 2016 - 05:50

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The ultimate fear is that a herd of hedge funds will be caught on the wrong side of the market, triggering a chain reaction that could end with a general bond and stock market collapse.

London

COMPLACENT markets are ignoring Warren Buffett's warning that the complex, massive derivative market could precipitate an unexpected global financial shock.

The Bank of International Settlements (BIS), the central banks' central bank, has also issued a warning - that the

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