Just because margin debt is at new all time highs does not mean it will stop growing
I posted some data yesterday that stated margin debt was at now all time highs. This is a consistent point that the bears argue means that market is going to top very soon. Chris Temple and I discuss how there is no finite or defined number where margin debt will top out and the markets will rollover. While the greater the debt the bigger the fall but until that fall happens don’t go betting the farm only based on this number.
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Bitcoin …..$1600 ……..banking problem in japan
Susan Rice won’t testify before Senate on Russia hacking, ‘unmasking’
In a letter addressed to Graham and ranking member Sen. Sheldon Whitehouse, D-R.I., Rice’s attorney Kathryn Ruemmler said that her client opted not to appear because Whitehouse had said he did not agree with Graham that Rice should testify.
Ruemmler called Graham’s unilateral invitation “a significant departure from the bipartisan invitations extended to other witnesses.”
Of course not…….she might wind up in jail…….
President Obama Sought NSA Intel On 1000s Of Americans During The 2016 Election
Data, made available this week by ODNI, provides the clearest evidence to date of how information accidentally collected by the NSA overseas about Americans was subsequently searched and disseminated after President Obama loosened privacy protections…
” Margin debt continues, until it Doesn’t !”
So true, Cory.
ditto
The road runner just slapped a hole in the road on JNK…
That comment made me laugh Chartster.
Healthcare law replacement PASSES House!
Thanks Chris for the thoughts on liquidity and what might be going on behind the scenes causing these drops.
Bankruptcy filing in PRico