The Margin Debt Time-Bomb

[kugscheese]

@davefairtex

I couldn't agree more.  Margin debt is extremely well correlated with market performance.  I was alarmed last year after it started to decline, but it was a false alarm.

It will be really interesting to see what the updated value is when it comes out.  This is one of my four or five favorite indicators.

Was the false alarm caused by government agencies (including CBs) buying stock?  See China!