Real Money readers may remember American International Group (AIG) from the 2008-09 financial crisis. This swap-strained reinsurance company nearly broke our financial system. Their billions in complex swaps threatened to unravel our markets in case you have tried to erase it from your memory. The company survived but when I look at the charts I still feel a chill.
More from Investing
It's well-known that some of the biggest and best bounces occur in the worst markets, thanks to poor positioning. But here's the problem that traders can face.
Let's look at just how much lower we can go, how much higher rates can rise and what's flying in the U.K. and Japan.
The daily swings in the key index haven't been nearly as wild as they were 14 years ago, although most of the volatility back then came in the fourth quarter.