Minutes Digest for Jan 25 2021
Leveraged bets
- Published:
2021-01-25 11:57:43 - Author: Jason Goepfert
One of the reasons to not put much stock in rises in margin debt in recent years has been that the rate of change hasn't been all that extreme, either on an absolute basis or relative to the market.
That's starting to change. The year-over-year change in debt is now more than 33%. It has to get more ridiculous to challenge the 2000 and 2007 peaks, though.