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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: February 2, 2010
Housekeeping announcement: VPIC now serving American clients
Thanks to repeated requests for service from US residents over the past couple of years, I am pleased to announce that my money management company Venable Park Investment Counsel Inc. is now registered with the SEC and happily accepting US … Continue reading
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TARP Special Investigator Neil Barofsky interviewed
Neil Barofsky was interviewed by Dylan Ratigan tonight on MSNBC. Barofsky is going after the truth in the AIG debacle. He says civil and criminal prosecutions are in the pipeline and that he thinks there will be hand-cuffs coming for … Continue reading
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