Margin Debt

I was listening to one of my favorite podcasts today

Jay Taylor - Turning Hard Times Into Good Times - Fed Taper Talk

He was discussing with David McAlvany of McAlvany ICA the latest Fed Taper Talk and Fake Outs.

McAlvany also mentioned the idea of how high the overall US Margin Debt was. He pointed out the margin debt gets huge at the top of bull markets.

Here is an interesting series of charts showing stock market levels vs debt levels. They are up to date to September 3rd 2021.