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Feb. 22nd, 2019 02:32 pm
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What assets are going to tank in the upcoming deleveraging? Who owns them?
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Easy

Date: 2019-02-22 10:50 pm (UTC)
From: [personal profile] malobukov
Stocks. Pension funds.

Re: Easy

Date: 2019-02-22 11:00 pm (UTC)
timelets: (Default)
From: [personal profile] timelets
I'm not sure about that. In general, the stock market is much more efficient and a lot less leveraged than the debt market.
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