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The Kobeissi Letter @KobeissiLetterBREAKING: 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%_________________________
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Daily Archives: December 14, 2007
Homeless shelters strain to absorb the real fallout from the sub-prime crisis
Pain and suffering created by the greed and reckless lending of this business cycle will plague us for some time to come. Social service agencies say homeless rates are on the rise not only as families lose their own homes … Continue reading
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