Stock margin debt is the visible tip of the iceberg of leverage, and it has been growing at a zoo-has-gone-nuts rate.
Recent Items
Monday, November 17, 2025
Known Stock Market Leverage Hits WTF High. Out the Other Side of Its Mouth, the Fed Warns About Hidden Leverage that Blew up Archegos
Topics: Credit markets, Doomsday scenarios, Dubious statistics, Federal Reserve, Guest Post, Investment outlook, Regulations and regulators, Risk and risk management
Posted by Yves Smith at 9:55 am | 35 Comments »
Links 5/19/2021
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 112 Comments »
An Indictment of US Covid Policy
How US Covid policy is producing far more deaths and disability here and around the world than necessary.
Topics: Banana republic, Doomsday scenarios, Dubious statistics, Free markets and their discontents, Health care, Income disparity, Pandemic, Politics, Science and the scientific method, Social policy
Posted by Yves Smith at 3:34 am | 90 Comments »
Can We Have Both Industrial Civilization and a Habitable Planet?
Continuing the debate about what needs to be done if there is any hope of saving the planet…for something resembling modern society.
Topics: Doomsday scenarios, Economic fundamentals, Environment, Global warming, Guest Post, Politics, Social policy, Social values
Posted by Yves Smith at 12:51 am | 141 Comments »
War as the Enemy of Reform: Biden’s Dilemma or His Excuse?
How much is keeping the US on a war footing really constraining Biden on the domestic front?
Topics: Banana republic, China, Globalization, Guest Post, Income disparity, Macroeconomic policy, Middle East, Politics, The destruction of the middle class
Posted by Yves Smith at 12:21 am | 25 Comments »
2:00PM Water Cooler 5/18/2021
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 75 Comments »
9th Circuit Upholds $25 Million Judgement Against Monsanto for Glyphosate Liability
The decision is unlikely to affect a pending glyphosate settlement, but may hold wider signficance for the pesticides industry.
Topics: Doomsday scenarios, Environment, Guest Post, India, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 18 Comments »
Links 5/18/2021
Topics: Links
Posted by Yves Smith at 6:55 am | 125 Comments »
More Bad Omens for Business Travel, As WEF Axes Tropical Davos and Mobile World Congress Suffers Wave of Cancellations
The cancellation of the World Economic Forum’s Singapore meeting and the gathering exodus of participants from the World Mobile Congress in Barcelona do not bode well for the near-term future of business travel.
Topics: Guest Post
Posted by Nick Corbishley at 6:49 am | 19 Comments »
How the United States Helps To Kill Palestinians
Facts and figures on how blind US support of Israel puts Palestinians’ blood on our hands.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics
Posted by Yves Smith at 5:48 am | 74 Comments »
Put People Before Profits for Covid Progress
More discussion of Covid vaccine, testing and treatment apartheid, thanks to private sector profiteering.
Topics: Free markets and their discontents, Globalization, Guest Post, Health care, Legal, Pandemic, Politics, Ridiculously obvious scams
Posted by Yves Smith at 5:29 am | 22 Comments »
2:00PM Water Cooler 5/17/2021
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 84 Comments »
Links 5/17/2021
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:58 am | 100 Comments »
New Study Decodes ExxonMobil’s ‘Modern’ Climate Misinformation
Exxon shifts focus to ‘risk’ and blame to consumers, following Big Tobacco’s playbook, abandoning outright demial of climate change.
Topics: Doomsday scenarios, Energy markets, Environment, Global warming, Guest Post
Posted by Jerri-Lynn Scofield at 6:55 am | 18 Comments »
Biden Administration/CDC “Mission Accomplished” Mask Reversal: Hubris? Incompetence? Toadying to Business?
Why the policy-making part of the CDC should be burned to the ground: it’s highly politicized yet not very good at politics.
Topics: Doomsday scenarios, Dubious statistics, Free markets and their discontents, Health care, Pandemic, Politics, Ridiculously obvious scams, Risk and risk management, Science and the scientific method
Posted by Yves Smith at 6:30 am | 122 Comments »


