#MarginCalls loom in #China as prices of pledged shares plunge. According to statistics by TF Securities, as of Jun 19th, stock prices of 619 companies were close to levels where margin calls will be triggered. Shanghai Composite tumbled 3.8% on the day to the lowest in 2 years. pic.twitter.com/v26lYODQq9
— Y&T Intelligence (@YuanTalks) June 20, 2018
https://twitter.com/OccupyWisdom/status/1009425660018913281
The market is a relative game.
US Treasuries benefit from flight to safety. Outflows from emerging markets and equities go into treasuries. pic.twitter.com/M5yWsVpLC9
— Daniel Lacalle Official Account (@dlacalle_IA) June 19, 2018
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