Margin Debt Hits Record High in March 2021

By May 3, 2021 News

Margin debt has hit a record high of $822 billion, according to a recent FINRA report.

Margin debt continues its climb in 2021, going from $798 billion in January to $813 in February, and now with another increase in March.

As highlighted in a recent Business Insider article, the March 2021 figure is a 71% year-over-year jump in margin debt usage. As the article noted, “Margin debt previously spiked to record highs before the dot-com bubble and in 2007 just three months before the 2008 financial crisis.”

The article warned that “a number of experts have warned about the use of excessive margin debt.”

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