Courtesy of Mish.
In response to my April 1, post China Margin Debt Soars to Record 1 Trillion Yuan; Another Central Bank Sponsored Bubble I received an email from reader Nicolas.
He writes …
Hello Mish
Happy Monday. I find your output excellent an I hope that you are flattered that you are followed by private banks is Switzerland.
Quick question on your last note; please can you tell me what (Bloomberg/Reuters) code you use for Chinese Margin debt? i.e. where can I cross-reference the Trillion Yuan figure you quote?
Best regards and many thanks,
Nicolas
I certainly was unaware I was followed by banks in Switzerland. Thanks!
The Bloomberg data is from SSE Margin, in Chinese. I asked my friend Chris Puplava at Financial Sense if he was aware of a Bloomberg tracking symbol. We do not believe there is such a symbol for margin.
However, Chris did locate this interesting chart of the Shanghai stock market vs. new accounts that is available on Bloomberg.
Shanghai Stock Index vs. New Accounts
click on chart for sharper image …
