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- Source :
-
Wall Street Journal - Eastern Edition . 3/6/2008, Vol. 251 Issue 54, pC1-C1. 1/5p. - Publication Year :
- 2008
-
Abstract
- The article discusses the impact of deleveraging on housing and securities markets. When mortgage lenders require higher down-payments from borrowers, demand for houses is effectively reduced, thus driving prices lower. When banks become less willing to extend credit to hedge funds, the funds are forced to sell securities, thus driving stock prices lower.
- Subjects :
- *FINANCIAL leverage
*DEBT
*MORTGAGES
*HEDGE funds
*FINANCIAL markets
Subjects
Details
- Language :
- English
- ISSN :
- 00999660
- Volume :
- 251
- Issue :
- 54
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Eastern Edition
- Publication Type :
- News
- Accession number :
- 31173158