Margin debt hits levels last seen before 2000 and 2007, broadening pattern signals potential major market decline
The market is junked up on margin debt and teetering like it did in 2000 and 2007, ready to implode on anyone dumb enough to stay in. The increase in #margin #debt has outpaced the rise in the #market, as leverage provides additional buying power. However, while the current level is elevated, it is now …