God is a Capitalist

Showing posts with label margin debt. Show all posts
Showing posts with label margin debt. Show all posts

Thursday, April 3, 2014

Debt Alert

The S&P 500 set a new record high today, April 2, 2014, which should make investors nervous. Here's a chart from my book Financial Bull Riding showing the close relationship between margin debt on the New York stock exchange and the S&P 500 through 2011. The data are monthly averages.