Friday, October 25, 2013

Deja vous all over again-------Investors pile on record debt to buy stocks at record highs

Investors pile on record debt to buy stocks at record highs:
"With stocks near all-time highs, investors are taking on record levels of margin debt, something that could accelerate a decline if the market turns south.

Margin levels, or the amount borrowed to purchase securities, hit a record $401 billion in September, according to NYSE Euronext figures released this week. "

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