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AHEAD OF THE TAPE.

Authors :
Patterson, Scott
Gongloff, Mark
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.

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