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Load MoreA record number of leveraged bag-holders setting up the next lost decade+...have a plan & enjoy the journey!
Lisa Abramowicz @lisaabramowicz1“NYSE margin debt is reaching historic levels:” Deutsche Bank analysts. This is partly due to a “surprise dovish Fed pivot in Dec’23…Since Oct’23, NYSE margin debt has increased 136%, which is the fastest rate of margin debt expansion on record” except for February & March 2000
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Monthly Archives: August 2013
Africa Mercy: hospital of hope
The world’s largest civilian hospital ship travels the west African coast, restoring sight to thousands and bringing smiles to faces once disfigured by tumors. Here is a direct video link.
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More municipal troubles surfacing
A Federal judge approved the expedited hearing for Detroit’s bankruptcy case, reports CNBC’s Scott Cohn. Also, a look at the likelihood the same thing could happen in Chicago, with Phil Rosenthal of the Chicago Tribune. Here is a direct link.
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Fed’s reckless doom machine
Over the past 2 years real S&P earnings have declined by 2% while the trailing 12 month price to earnings ratio of US stocks has jumped 42% (from 13.5 to 19.5x) on thinly participated but highly leveraged stock speculation. Even … Continue reading
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