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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Michael Collings who wrote (1852)5/7/1998 9:07:00 PM
From: Tommaso  Read Replies (1) of 86076
 
When did raising margin rates cause the market to rise?

I don't question the statement, but would appreciate specific references, especially since it has been a great many years since margin rates were changed one way or the other. Perhaps you mean what happened in the 1930s when the Fed first had power to raise rates. At that point the markets had fallen 90% and buying stock on margin was considered as sensible as bungee jumping with rotten rubber.
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