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Monthly Archives: August 2017

July 2017 NYSE Margin Debt Record

NYSE Margin debt for July was posted at $549.9B (called it $550B) — the highest ever. Corrected for M1 money supply growth (an attempt to normalize to make comparisons across time more meaningful), it was $544.5B -the 2nd highest reading ever. April’s $550.6B (M1 corrected) remains the tallest margin debt skyscraper of all time. I should point something out regarding the chart above. Margin […] Read the rest of this entry »

Guitar as a service

Yesterday my wife sent me an email with a link to an interesting article about the guitar industry (because I own a guitar, appreciate their beauty, took a year of lessons, and wish I could play 1/10th as well as my son).  In summary, the article suggests the reason the guitar industry has been in decline is because there are no ‘guitar heroes’ like […] Read the rest of this entry »