Investment advisor to select family offices. All posts are for my personal use only and not intended to influence or prompt conclusions by others on X.
🇺🇸 Margin Debt
Investor cash minus margin debt has fallen to negative $992 billion, the lowest on record and deeper than any prior cycle. It points to rising risk and a more fragile market, not a guaranteed crash
👉 https://t.co/blMxcoFA78
h/t @LanceRoberts $spx #spx#stocks
The higher stocks climb... the more investors are borrowing to chase them.
Margin debt surged to $1.42 trillion in May, reaching a record 4.44% of GDP.
That's a level never seen before - not even during the Dot-com Bubble.
Read the latest Financial Forecast: https://t.co/iWxrH9C1qh
@DonDurrett When you sell your assets at a gold price of $7–8k, what will happen to those factors that you refer to as the reasons for the growth in gold prices?
BREAKING: US margin debt jumped by +$112 billion in May, to a record $1.42 trillion.
This marks the 2nd consecutive monthly increase, totaling +$195 billion.
Margin debt has surged +$495 billion, or +54%, over the last 12 months.
Adjusted for inflation, this metric rose +7.9% MoM and +47.4% YoY.
Real margin debt has now grown +550% since 1997, far outpacing the S&P 500’s real gain of +357.7% over the same period.
Market leverage continues to rise at a historic rate.