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Cory’s Chart Corner
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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Canadian insolvency filings leap along with property listings
The Hoyes, Michalos 2024 Canadian Joe Debtor Survey is out and available here. The numbers portray Canadian households as increasingly cash-strapped and vulnerable to unexpected shocks or economic weakness. S0me standouts: The average insolvent debtor owed $60,678 in unsecured debt … Continue reading
Cooper: Canada is a major fentanyl portal
Today we’re speaking with Canadian investigative journalist Sam Cooper, whose deeply researched book Wilful Blindness exposes Canada’s damning role in the opioid trade. This might explain why the Trump administration is going on the offensive with our northern neighbor. Sam’s … Continue reading
Big leverage magnifies boom and bust
Human life is full of unforeseen risks every day. Unexpected events are the norm, not the exception. There’s no such thing as certainty. Only daily choices and habits are within our control. But that gives the disciplined a big advantage … Continue reading
