Well, I don't know some days anymore; but there are periods when one may wonder whether you are an investor or just a very good guesser of who or what is going to provide support for a particular area that has been chosen for an investment.
Stock buybacks, bail outs, bail ins, soverign wealth funds, Plunge Protection .........
Okay, I'm finished and must move on to other stuff for the balance of the weekend.
China's plan(s) to save their equity market plunge......other related stories just to the right side.
Take care,
Catch
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"The data doesn’t include unregulated borrowing, which Bocom International Holdings Co. estimates at around $322 billion. That would increase the debt to market cap ratio to more than 9 percent. Unofficial margin accounts have “significantly” higher leverage than those opened through brokerages and can invest in any stock, not just those mandated by the regulator, Bocom said in a note on June 29."