SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Derivatives: Darth Vader's Revenge
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robnhood who wrote (211)9/27/1998 4:35:00 PM
From: Henry Volquardsen  Read Replies (1) of 2794
 
Russel,

I was thinking of just that as I posted that comment. In this case, however, the excess leverage doesn't effect the equities markets directly. The leverage was in the bond market and mostly in spread positions. So where the unwinding of leverage in '29 caused a meltdown in equities this time we will see the impact more in the bond markets, perhaps a melt up in credit spreads that LTC was short.

Henry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News