US MARGIN DEBT NEARS DOT-COM ERA RECORD, FLASHING MARKET WARNING
US margin debt has climbed to a record $1.4 trillion, with margin debt equal to 6.2% of M2 money supply, just below the 6.3% peak seen during the 2000 Dot-Com bubble. Historically, similar peaks in 2000, 2007, and 2021 preceded major stock market corrections. While elevated leverage is a cautionary signal, it does not by itself predict the timing or certainty of a market downturn.
Scottie Scheffler and Viktor Hovland will return to 18 to tee off at 9am EDT on Golf Channel tomorrow morning.
Those who held Sunday tickets will be honored entry for tomorrow's playoff.
JPMORGAN SAYS U.S. STOCKS ARE NEARING A ‘BLUE SKY’ SCENARIO
JPMorgan Chase believes U.S. equities are approaching a “blue sky” outcome, driven by stronger-than-expected corporate earnings growth and the potential for a diplomatic agreement that could ease tensions surrounding the Iran conflict.
"It rains F-bombs on the PGA Tour. Clubs get thrown all the time. Tee markers get destroyed."
"Composure is a skill, and it's lazy to throw clubs and it's lazy to drop F-bombs when you know the whole world is watching."
Brandel talks about the code of conduct that has been put in place at the majors.
🚨BUCKLE UP: Players in the field just received a text from the USGA.
Instead of 10 1/2 on the Stimp that was used on Thursday and Friday, they are upping the speed to 11 on the Stimp.
The USGA is telling the players to expect firmer and faster conditions Saturday and Sunday.