Danielle speaks with former Fed Reserve official and QE bond buyer Andrew Huszar’s on why QE has not worked and what is likely next. You can see Andrew’s original op-ed piece in the Wall Street Journal here: Confessions of a Quantitative Easer. Also see www.cliffkule.com
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Cory’s Chart Corner
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N🙃 W🙃RRIES, Everything's Great!
BREAKING: 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%
