By Chris Kimble
| Market Overview
| May 24, 2013 06:13PM GMT |
Sir John Templeton first alerted me to the dangers of excess margin debt in the late 1990's and I've been a fan of keeping in touch with this key indicator ever since.Debt And The S&P
Fresh Margin debt numbers have just been released. My good friend Doug Short
shared the above chart, reflecting that margin debt continues to move higher, reaching levels where the S&P 500 has struggled to move much higher.
Are we on the 'road to the danger zone' due to these historically high debt levels? Will it be different this time? Was there such a danger-zone level in the past?
We'll see if it's any different this time around.
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