The Great Depression was made worse by callable mortgages and overly generous stock margin financing. These were reformed.
Unfortunately, we had and probably will have great inflation.
I pay about 20% to about 100% more for food than under Trump.
The canary in the coal mine died a long time ago. For a small corpse, it certainly exudes a most powerful stench.
Stagflation, rupturing of supply lines, unrest at almost every street corner of every city under “blue” governance, and a flood of foreigners of either unknown origins, or evil intent. All being overseen by perhaps the most unready and incompetent national government this nation has ever seen installed in office.
Margin debt was up to $600 Billion in Q4 of last year ... it has dropped down to a measely ~$575 Billion since then per a historical chart here:
FINRA numbers indicate it was up to $825 Billion in February - but has dropped to only $753 Billion as of May:
https://www.finra.org/investors/learn-to-invest/advanced-investing/margin-statistics
It’s ridiculously high - the data only goes back to ‘97
This site indicates that it’s near the most it’s ever been but not necessarily the worst when compared to the size of the market - this time the data goes back to 1970: https://www.currentmarketvaluation.com/models/margin-debt.php
Prior to the 2008 plummet it was close to 3% now it’s around 1.75% after peaking in Q4 around 2% of market cap. Still in line with where we were pre-dotcom bubble pop and too high in my opinion..but then all debt is IMHO so.....