Wall Street Eyes Margin Cut Hopes as Rates Seen to Ease
Report discusses mood on Wall Street amid expectations that Federal Reserve margin requirements and money market easing could lower stock buying cash down from 90 percent. Analysts weigh possible 70 or 50 percent cash rules and note past margin cuts led to delayed price firming, with Dow trends cited through 1937 to 1949.
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New York
U.S
Federal Reserve Board
Fed
Arthur Wiesenberger and Co
Margin Cuts and Index Movements Stir Wall Street Debate
The text tracks two late 1950s and early 1960s margin cuts in the stock index, noting shifts from 295 to 254, then from 445 toward 437 before a 250-point rise. It records onand off commentary that margin adjustments mirror market conditions rather than presage policy, while some in Wall Street would welcome another cut now.
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Wall Street
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