Margin Debt Down 37.6%; Is The End of Selling Near? [View article]
Decreasing margin debt is a consequence of overall deleveraging. This is a requirement to bring markets closer to reality, reflecting overall economic shedding of excess capacity. With so much government stimulus flooding markets, it is not yet clear we have reached anything near equilibrium conditions. 38% decline in margin may just be one leg of a broader slide.
Margin Debt Down 37.6%; Is The End of Selling Near? [View article]