Sentences with phrase «margin debt peaked»

Nevertheless, benchmark progress has been insubstantial since margin debt peaked.

So far, real S&P 500 growth has managed to hold up since margin debt peaked a little more than a year ago.

When margin debt peaks and then begins reversing itself, though, severe stock declines have followed.

Not exact matches

Emanuel also observed that New York Stock Exchange members» margin debt, or the borrowed amounts used to trade, had peaked.

Taking into consideration the fact that there is just two other circumstances when the debt / GDP NYSE margin had increased by about 30 basis points or more in a period of only three months — that happened when the ration had reached its two major secular bull market highs — the likelihood is highly probable that the NYSE margin debt / US GDP, is once more at its peak of all time high of 2.87 %!

This is a strong indication that the margin debt level has almost reached its peak and the stock market will also as a consequence peak soon!

Before 2007, the increase of 35.9 or higher basis points had occurred when the NYSE margin debt / USGDP peaked at its all time highs of 2.78 % in March of 2000 after having risen by 47.4 basis points in just three months!

Taking the context in real terms, it implies that the margin debt of the NYSE amount currently to about 2.87 % of US GDP, surpassing the previous all - time high of 2.78 % which has been set at the peak of the biggest stock market bubble in global history, in March 2000.

It should be given very a high attention that in July 2007, after the debt / US GDP NYSE margin reached its pre-financial crisis high, the S&P 500 just three months later had reached its bull market record monthly close, and after the debt / US GDP NYSE margin in March of 2000 had reach the dot - com bubble peak, the S&P 500 after just 5 months in August of 2000 had reached its secular bull market record monthly close.

It's 45 % greater than the amount of margin debt outstanding at the peak of the 2007 bubble.

At $ 551 billion, it's double the amount of margin debt outstanding at the peak of the tech bubble in 2000.

Prior peak earnings were, indeed, an artifact of unrealistically high profit margins and return on equity, driven by large amounts of debt - financed leverage.

Fundamentally, Margin debt has a history of peaking right before financial collapses this seems like a warning to me but everyone say it's different this time.

Margin debt in the United States — money borrowed against securities in brokerage accounts — has risen to its highest level ever, at $ 384 billion, surpassing the previous peak of $ 381 billion set in July 2007 according to New York Times Business Day's Off The Charts: Sign of Excess?.

Again, we'll split the difference between FCF & peak operating margins — which suggests a 1.5 P / S multiple is still appropriate, with no adjustments necessary for cash / debt (net debt's actually $ 2.7 million):

Margin debt as a proportion of GDP is not quite yet at the peak set in 2007, but it has exceeded 2.25 % only twice previously in the last 50 years — 2000 and 2007.

Perhaps ominously, all three circumstances currently exist, with margin debt at an all - time peak and IPOs at their highest level since 2007.

A new high in margin debt doesn't mean the stock market has peaked or a -LSB-...]

Again, however, the important feature to observe is not so much the absolute level, but the cyclical tendency for spikes in margin debt to accompany overvalued, overbought, overbullish market peaks.

-- WSJ Peak Margin Debt and Subsequent Returns — Greenbackd Look Out, S&P Companies Warn About Q2 Earnings — CNBC Redemptions in -LSB-...]

However, long - time market watchers find it disconcerting that previous peaks in margin debt on the NYSE occurred in 2000 and 2007, a few months before U.S. stocks embarked on major corrections.

As of end - September 2017, margin debt on the NYSE was a record $ 559.6 billion, which is to be expected as U.S. equity indices were also near all - time highs, and stock market peaks and record levels of margin debt often coincide.

As shown, the level of real (inflation adjusted) margin debt as a percentage of real GDP has reached levels only witnessed at the peaks of the last two financial bubble peaks in the U.S.»

Thanks to unusually high debt levels and unusually low labor compensation in recent years, the earnings peak in 2007 was based on profit margins that were about 50 % above the historical average, and which have now collapsed.