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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
Student debt problems are contagious
According to the Education Data Initiative report, the total outstanding debt in US student loans (federal and private) is a record $1.77 trillion for more than 42 million borrowers. The average debt of a federal student loan borrower is about … Continue reading
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Retirement funds in trouble
Unfortunately, many individuals and pensions hold high, inappropriate financial risk that pays rich fees to ‘advisors’ and product creators.Clients can be hard to help as they often prefer the ‘good news’ touted by sell-side wizards over sober, fiduciary assessments made … Continue reading
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Bear market drivers intact
Risk markets are staging another bear market bounce on Trump’s latest statement that he does not intend to fire Fed Chair Powell. They are also negotiating with China. These things pass as good news today, but the macro picture continues … Continue reading
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