Schwab’s margin-loan balances nearly double to roughly $188 billion in 2026’s third quarter
The Wall Street Journal reports that long-short tax-aware strategies are a significant driver of the borrowing surge.
TLDR
The Wall Street Journal reports that Charles Schwab said its margin-loan balances reached roughly $188 billion in the third quarter of 2026, nearly doubling year over year. The Journal identifies long-short tax-aware strategies as a significant driver of the growth. Those strategies promise to beat the market without paying taxes on all capital gains.
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