It is not the rising level of debt that is the problem; it is the decline which marks peaks in both market and economic expansions.
Authored by Lance Roberts via RealInvestmentAdvice.com, In a recent weekly newsletter (Subscribe for free e-delivery), I discussed the rather dramatic decline of short-interest in the S&P 500 which suggests a high degree of complacency by investors. As Wolf Richter recently noted: âOf the total shares outstanding of the SPDR S&P 500 ETF, only 2.6% were out on loan … Read more