Here's a data point to make you stop and think: As of today, more people have borrowed money from their their brokers to buy stocks than ever before.This is typically a big big warning sign. When people are willing to take such risk in a stock market gamble, it often is the mark of a market that is ready to drop significantly. Barry then goes on to highlight several other measures that typically have been warning lights for the market, all ignored thus far.
That number was reached this past month, with Margin debt hitting an all-time high, passing even the days of the tech/telecom/internet boom.
I'm a very lucky person with every allergy known to man but still happy to be enjoying a wonderful life living in the best place in the world!