Investors should be worried that stocks are being supported by record amounts of margin debt. These kinds of loans secured against stocks have often proved dangerous in a downturn because when share prices fall borrowers are forced to sell.
WSJ.com: Heard on the Street, Wall Street Journal: Markets: Heard on the Street
Sun, 09/24/2017 - 4:52am
Investors should be worried that stocks are being supported by record amounts of margin debt. These kinds of loans secured against stocks have often proved dangerous in a downturn because when share prices fall borrowers are forced to sell.