There have been recent changes to the rules about portfolio margining that are worth a much closer look that we have time for here today. But I will point out that, according to Reuters, the amount of margin debt taken out to buy stocks on the New York Stock Exchange rose to a record $378.2 billion in June… a 7.1 percent increase from $353 billion in May, a previous record. According to the Reuters article, through June, margin debt has increased 37 percent from $275.4 billion at the end of 2006.
Saturday, July 28, 2007
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