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Trading Houses Will Collapse As “Margin Call Doom Loop” Goes Global, Trafigura CFO Warns

Trading Houses Will Collapse As “Margin Call Doom Loop” Goes Global, Trafigura CFO Warns Sometimes repo guru Zoltan Pozsar is so far ahead of his time, it takes the “experts” weeks just to read up on all the required source docs to even grasp what he is talking about. Last week we reported that the Bloomberg news that one […]

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Stock-Market Margin Debt Plummets Most Since Q4 2008

Stock-Market Margin Debt Plummets Most Since Q4 2008 Wow, that was fast. Margin calls. During the ugly stock-market December, whose ugliness bottomed out on Christmas Eve, a nasty November, and the ugliest October anyone can remember, margin debt plunged by a combined $93.8 billion, the most since Q4 2008, after Lehman Brothers filed for bankruptcy. […]

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China Crashes As Flood Of Margin Calls Sparks “Liquidity Crisis”, Panic Selling

China Crashes As Flood Of Margin Calls Sparks “Liquidity Crisis”, Panic Selling The Treasury’s latest semiannual FX report may have spared China the designation of currency manipulator (for now… in a new twist, there was a section dedicated exclusively to China in the Executive Summary, a clear signal from the Treasury that China is the […]

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China Cuts Reserve Ratio, Unlocks 700BN Yuan Amid Rising Trade War, Mass Defaults And Margin Calls

China Cuts Reserve Ratio, Unlocks 700BN Yuan Amid Rising Trade War, Mass Defaults And Margin Calls As widely expected, China’s central bank announced it would cut the Required Reserve Ratio (RRR) for some banks by 0.5% effective July 5, just over two months after the PBOC did a similar cut on April 17, the first […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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