Margin Debt Stays Elevated In August - Just Below All-Time Highs

NYSE margin debt still hasn't surpassed the all-time high made in in February but it is very close! Margin debt rose by about $3 billion in August and is only $2 billion below the all-time high set in February. Net margin debt inched higher and set another all-time high in August. Last month, we noted how curiously margin debt was acting. This latest data point didn't do anything to curb our curiosity.