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Fed raises interest rate .75bps

gnome

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How come my wife never listens to me and I am usually right?
In you, she finally found her Mr. Right, only to discover later his first name was Always.
 

Goldhedge

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I watched a Jim Willie interview the other night. I think he might be right about a lot but he seems stark raving mad these days.
He does drop some cherry bombs about things that never made the news... pointing one in a certain direction....
 

dacrunch

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gnome

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MArgin debt tanked again in June. I expect more downside, but upward potential is starting to outweigh downside risk.
Yes, margin is still historically high, but so is the monetary base.

https://wolfstreet.com/2022/07/19/leverage-and-stock-market-events-margin-debt-plunged-9-in-june/

US-margin-debt-2022-07-19_annotated.png