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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%_________________________
Danielle’s Book
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“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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Author Archives: Danielle Park
Buy now pay later was always a bad idea
Buy now, pay later (BNPL) is much worse than layaway plans of yore. Layaway plans allowed people to make installments toward an item and pick it up on the last payment. BNPL allows people to take the item with the … Continue reading
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Envisioning bottom up energy systems
An extremely important and enlightening discussion. The energy future is bright!! Worth listening. Here’s a direct audio link. Envisioning a more democratic, bottom-up energy system by David Roberts A conversation with Lorenzo Kristov. Read on Substack
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Danielle’s biweekly market update
Danielle was a guest with Jim Goddard on Talk Digital Network, discussing recent developments in the world economy and markets. You can listen to an audio clip of the segment here. Also, see Copper rally driven by speculation, not fundamentals: … Continue reading
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