Margin Debt Has Exploded by 49 Percent in One Year to $814 Billion. The Actual Figure May Be in the Trillions. Here’s Why.

For Jerome Powell to claim ignorance of one of the most important statistics used to monitor excess leverage in the financial system — the scale of margin debt — is an insult to the American people. … Read More Margin Debt Has Exploded by 49 Percent in One Year to $814 Billion. The Actual Figure May Be in the Trillions. Here’s Why.