CLICK ON CHART TO ENLARGE
The latest figures on NYSE margin debt were just released and they reflect total margin debt and negative net worth of investors remains near historic highs, only surpassed by the debt levels reached in 2000.
The above chart, created by Doug Short, reflects the last two times margin debt was this high the S&P 500 struggled to move much higher. Doug has a few other charts on this subject, a must see (here)!
–
–