US margin debt as a $ of real disposable personal income exceeded 6.0% for the first time EVER, according to Real Investment Advice analysis. $INIT $KITE $VVV
This is more than 2 TIMES higher than at the 2000 Dot-Com Bubble peak.
Nominally, margin debt is at a record $1.2 trillion, surging for 8 months STRAIGHT.
In the past, such spikes usually ended with a market correction or a bear market.