Margin Debt Hits All-Time High

By Joe Cereola

This isn't an investing blog so I won't get into any sort of analysis or recommendations about what, if anything, you should do now that the amount of borrowed money invested in the stock market has hit an all-time high. You can draw your own conclusions from the chart below.

Click chart to enlarge

Of course, there is no way of knowing if margin debt has peaked yet, especially if the Fed keeps the party going with cheap credit, but when it turns downward – beware! 
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Chart spreadsheet: download