I will be in New York on Sunday to Wednesday next week for some meetings and media and to speak at the Hard Assets New York investment conference at the Marriott Marquis in the heart of Times Square. Things kick off bright and early at this show. My presentation is Tues morning 7:40 to 8:20 am. You can see more about the agenda and speakers here.
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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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40 minutes. Should be good. Hopefully we’ll get a video, or at least an audio. Good luck and have fun.