I will create a chart of one measure that I follow, perhaps more
Mish I screwed the accompanying explanation up, it's all margin debt, margin debt far exceeds cash: I thought "margin debits" meant cash, it does not, it just means outstanding-debt. That's finance for you with its inconsistent terminology.
January figures are out in the above link. Margin debt grew to a whopping 666 billion dollars whilst actual credit in the market continues to dribble away, I suppose to service the immense margin debt and/or to chase better returns in bonds and other money markets; Dalio's great "sidelines."
The question is, why should stocks attract cash back from Dalio's sideline market accounts?
As most of you know, I lost my wife Joanne on May 16 last year to ALS, Lou Gehrig’s disease. We were happily married for 27 years.
In response to Tapering All Talk No Action, Expensive Valuations, Duration Risk reader David is wondering about the Euro.
Reader Larry wants to know what advice I can give to his dad, sitting on the sidelines since 2009, waiting for the DOW to hit 6,000 which never happened.
G7 Disaster? Again Trump leaves his critics in confusion and consternation:
Trump cutting down on red tape and regulations by having 30 bureaucrats and a 3 hour crash course on steel reviewing 21,000…