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Margin debt is at a record high. Here's what that means for the stock market
- treetalker 1y ago> $1.13 trillion … but what's a few tens of billions between friends?
- k310 1y ago> Both bulls and bears claim that the recent growth in margin debt supports their outlooks. Yup. I borrowed (pun unintended) a term from ham radio. SSB, I call it Self-Serving Bullshit. Here's a list of 151 cognitive biases, the most readable list I found. [0] I often wonder, with so many biases, how anything at all gets done right. [0] https://gustdebacker.com/cognitive-biases/ https://gustdebacker.com/cognitive-biases/
- mmooss 1y ago> I often wonder, with so many biases, how anything at all gets done right. Humanity has been working on that problem for a long time: objectivity, empirical evidence, reason, ...
- deleted 1y ago[deleted]