Market leverage

This GameStop thing has really made me really think about how crazy it is that Hedge Funds and Banks are allowed to be leveraged 30X or more. That is really nuts. That explains why when a crash starts, it goes crazy fast. It also explains why the market is so high, despite an incredibly damaged and poor economy. Being leveraged at those levels (with billions of dollars) makes it seem like there is 30X the amount of money in the market. Yet when it starts to decline, it basically... Read more
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Anesthesiology Source Type: forums