Equity Bulls Riding Tailwinds Of Margin Debt And Buybacks – For Now
June 21, 2024 at 07:40 AM EDT
The S&P 500 is on course for a third straight up quarter, with a touch of ‘parabolic’ to it. Buybacks and margin debt have provided a tailwind, although the latter in particular points to a lack of aggressive willingness to take on leverage.
