“A rising stock market encouraged more investors to go into debt to buy stocks, sending margin debt levels past their all-time high”.
Read more: http://pragcap.com/de-ja-vu-on-margin-debt-2013-repeats-1999-2007#ixzz2acpIXJ4V“The National Association of Securities Dealers (NASD) has asked members to review their lending requirements in a sign of increasing concern that rising levels of margin debt could exacerbate a stock market plunch. (sic)”
Read more: http://pragcap.com/de-ja-vu-on-margin-debt-2013-repeats-1999-2007#ixzz2acpBO8IS
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