Hi PB thanks for your posts.
The rise in total margin debt must be important, even if only as a trend indicator. If the Aus index is lower than before and margin debt is high and consumer and mortgage debt is up and rates look like going up then it's a problem. These thoughts are based on anecdotal evidence only and my reading of the world. Have increased my cash position for now.
Cheers.
The Brains Trust, page-3391
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