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To: narses

Margin calls were going on last night. HOw do you not understand that. FUTURES TRADE ON A MARGIN

https://www.business-standard.com/article/economy-policy/margin-calls-triggered-in-crude-oil-led-to-across-the-board-selling-120030901153_1.html

You want numbers

A lot of stock is bought on margin, that is with borrowed money. Margin debt balances total more than $560 billion and margin calls—when brokers demand more cash after portfolio values decline—can exacerbate market selloffs.

https://www.barrons.com/articles/margin-debt-could-worsen-the-coronavirus-selloff-speculators-may-have-to-cash-out-fast-51582914324


427 posted on 03/09/2020 11:50:56 AM PDT by RummyChick
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To: RummyChick

Oh looky, you found the answer!

“Margin debt balances total more than $560 billion...”

How are your math skills? What percentage of the $30 TRILLION dollar market cap does that represent?

Here, I will help, compare these two numbers:

560,000,000,000 versus
30,000,000,000,000

Is math one of your trust fund baby skills, oh mouse-warrior? 98% of the market is NOT margined. That is based on the number you finally found in your google search.


437 posted on 03/09/2020 1:57:16 PM PDT by narses (Censeo praedatorium gregem esse delendum. (The gay lobby must be destroyed))
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