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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
Media Reviews
“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
All in and then some
In every market cycle, once everyone who can or will buy has bought, only sellers remain. Today, households have a record 48% of their financial assets allocated to equities, the same level as the tech top in March 2000 and … Continue reading
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RIP Daniel Kahneman
My heart is heavy today because of Daniel Kahneman’s death. Dr. Kahneman was a wisdom mentor for me and many others, and his teachings on money management and investing will always illuminate. Michael Lewis’s 2017 book The Undoing Project discusses … Continue reading
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Rosenberg: business cycle update 2024
Economist, David Rosenberg reveals the potential for significant economic downturn and wealth erosion in 2024. With an uncanny blend of humor and insight, he exposes the misleading job reports, the phantom strength of the housing market, and the precarious position … Continue reading
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