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Monthly Archives: September 2017

New Margin Debt record. Reprise.

August NYSE Margin Debt was posted at….. $B550,851 -> another new all-time record in financial system leverage. Corrected for M1 money supply growth, the value is $B545,230 — not quite a new all-time high (that goes to Aprils’s M1 corrected value of $552B). Regardless we’re at a lofty perch this year.   Nothing to see here.