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A short sale lets a trader profit when stock prices fall.
But as their stock prices fall, raising that money is becoming increasingly expensive.
The lower the stock prices fall, the larger the losses of the banks.
"This time they have made it very clear that if stock prices fall, so be it".
If U.S. stock prices fall, this makes matters worse since output is lower because of a negative wealth effect.
"If stock prices fall, I don't lose much because the converts have a lot of bond value," he said.
Similar(30)
Treasury prices rose as stock prices fell.
In both cases stock prices fell.
Stock prices fell sharply after each of those years.
While stock prices fell yesterday, the bond market convulsed.
Stock prices fell in response to the two reports.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com