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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, 2012
Robert Shiller: ‘return on housing’ is the benefit of living in it
Robert Shiller, is one of the few useful economics professors. He is also co-creator of the S&P/Case-Shiller home-price index. Bob is an excellent big picture student and thinker. He is also that rare mix of smart, humble, honest and incredibly … Continue reading
