Is the fizz off the equity bubble? Or, stated differently, is there a big equity bubble or is it a tiny bubble?
Today, US equity indices are down … again.
According to FINRA, Debit Balances in Customers’ Securities Margin Accounts is down over 9% since May 2018 and down 6.25% MoM since September.
And according to Wolfstreet, the recent MoM plunge in margin debt in the worst since November 2008.