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To: Vince Ferrer

First stock to zero.


2 posted on 03/12/2020 10:00:17 PM PDT by Old Yeller (Auto-correct has become my worst enema.)
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To: Old Yeller

Over on ZeroHedge they were saying, the reason ALL asset classes are getting hammered at the same time, is that some large party (I’d say, several) are getting HUGE margin calls and have to liquidate at any price.

The selling, then drives down the value of collateral which other parties hold, so THEY have to sell, and so on.

“The second thing we do, let’s kill all the bankers and MBAs.”


3 posted on 03/12/2020 10:14:00 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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