Stock Market Lazes Happily on a Powerful Time Bomb, and the Fed Begins to Worry
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Pointing at “excesses,” “distortions,” and “imbalances.” Margin debt in the stock market hit another record, $561 billion at the end of October, up 16% from a year ago, the New York Stock Exchange reported on Tuesday. …